DATAGROUP SE Completes Share Buyback, Considers Dividend Policy Review

On December 9, 2024, DATAGROUP SE announced the completion of its voluntary public share buyback offer, initiated on November 16, 2024. The buyback saw 50,756 shares tendered at EUR 42.13 each, representing 0.6% of the share capital. This transaction brings the company's treasury shares to 68,297, or approximately 0.8% of the total share capital. These shares can be used for purposes like redemption, company takeovers, or employee share programs.

Following the buyback, the Management Board is contemplating future strategies, including possible new buyback offers or reviving the previous dividend policy, all with an emphasis on enhancing shareholder value. The board's deliberations reflect a response to positive share price movements after announcing value-enhancement measures in November 2024.