2023-11-06 22:41:42
Deutsche Börse announces the buyback of its own shares – the news was well received.
Frankfurt/Main.
Deutsche Börse wants to buy back its own shares. Starting in the first quarter of 2024, securities for up to 300 million euros will be acquired, the company announced. The news was well received on the stock market. In an initial reaction, the share price rose by a good one percent on the Tradegate trading platform.
In the future, 30 to 40 percent of the annual surplus attributable to the shareholders will be distributed as dividends. An increasing dividend per share is planned. Excess liquidity should be invested in share buybacks. For 2023, the stock exchange operator expects a dividend payout ratio of around 40 percent of profits. (dpa)
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