JDC Group AG: JDC Group AG completes share buyback programme according to schedule
May 15, 2024 at 08:04 am EDT
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EQS-Ad-hoc: JDC Group AG / Key word(s): Share Buyback
JDC Group AG: JDC Group AG completes share buyback programme according to schedule
15-May-2024 / 14:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
JDC Group AG completes share buyback programme according to schedule
On November 10, 2023, the Management Board of JDC Group AG decided, with the approval of the Supervisory Board, to implement a share buyback program with a volume of up to 350,000 shares of JDC Group AG (ISIN: DE000A0B9N37) at a maximum total purchase price (excluding incidental acquisition costs) of up to EUR 5 million ("Share Buyback Program"). The maximum term of the buyback program was limited to May 15, 2024.
The share buyback program started on November 16, 2023 and will end as scheduled on May 15, 2024.
Under the share buyback program, the Company repurchased 147,113 shares at a total purchase price, excluding incidental costs, of EUR 2,926,046.61. The total number of treasury shares currently held by JDC Group AG amounts to 147,113. This corresponds to 1,08 percent of the Company's share capital.
The latest status of the share buyback program is published on the website of JDC Group AG under the following link: https://jdcgroup.de/investor-relations/.
15-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
JDC Group AG, formerly Aragon AG, is a Germany-based financial services company that offers brokerage financial products and consultancy services. The Companyâs business is divided into two business segments: Advisory and AdvisorTech. The Advisory segment provides financial products of its subsidiaries Jung, DMS & Cie. and FiNUM to end customers via independent consultants, brokers and financial service providers. In addition, this segment also operates a managed portfolio of investment funds, closed-end funds, certificates, insurance policies and other financial products. The AdvisorTech segment provides information technology (IT) and management consulting services. The Company is active in Germany and Austria. JDC Group AG operates Jung, DMS & Cie, FiNUM. Private Finance AG (Austria), FiNUM Private Finance AG (Germany) and FiNUM. Finanzhaus AG as subsidiaries.