Scout24 SE (XTRA:G24) announces a share repurchase program. Under the program, the company will repurchase up to ?50 million worth of its shares. The repurchases will be made in the form of tranches.

The repurchases will be made at price may not exceed by more than 10 %, or fall below by more than 20 %, the average closing price of a share in the XETRA trading system on the Frankfurt stock exchange on the last three trading days preceding the obligation to acquire and no purchase price will be paid which exceeds the higher of the price of the last independent trade or the highest last independent purchase bid on the trading venue where the purchase is carried out. The program will expire on October 4, 2024.