Delticom AG (XTRA:DEX) commences share repurchases on July 4, 2023, under the program mandated by the shareholders in the Annual General Meeting held on July 7, 2020. As per the mandate, the company is authorized to repurchase its own shares, representing 10% of its issued share capital. The repurchase price (without additional acquisition costs) when purchased via the stock exchange offered per share will be average of the closing prices on the three stock exchange trading days preceding the entry into the obligation to purchase by no more may exceed or fall below 10%. In the case of a public purchase offer, the purchase price offered (excluding additional acquisition costs) may be the average of the closing prices on the three stock exchange trading days before the reporting date exceed or fall below more than 10%. The repurchased shares can be sold in whole or in part with consent of the Supervisory Board, can be transferred against payment in kind, especially in connection with company mergers and the acquisition of companies, parts of companies and shareholdings, can be used to fulfill conversion or option rights from convertible bonds or bonds with warrants, can also be traded in ways other than via the stock exchange. The authorization will apply until July 6, 2025.

On July 3, 2023, the company announced a share repurchase program. Under the program, the company will repurchase 100,000 shares, for ?200 million. The program will run from July 4, 2023 to December 31, 2023 at the latest.