Fraport AG Frankfurt Airport Services Worldwide
ISIN: DE0005773303
WKN: 577330
24 May 2024 02:25PM

EQS-News: Fraport AG Frankfurt Airport Services Worldwide: Share Buyback for the Employee Participation Program

Fraport AG Frankfurt Airport Services Worldwide · ISIN: DE0005773303 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1910917

EQS-News: Fraport AG Frankfurt Airport Services Worldwide / Key word(s): Share Buyback
Fraport AG Frankfurt Airport Services Worldwide: Share Buyback for the Employee Participation Program

24.05.2024 / 14:25 CET/CEST
The issuer is solely responsible for the content of this announcement.


Frankfurt, 24 May 2024 – For the implementation of this year’s employee participation program the Executive Board of Fraport AG Frankfurt Airport Services Worldwide (ISIN DE0005773303) decided to buy back own shares through the stock exchange. To fulfill all claims up to 75,000 of its own shares (this corresponds to approximately 0.081 percent of the capital stock) will be bought back.

The share buyback complies with rules and regulations set forth in Sec. 71 (1) No. 2 AktG (Aktiengesetz − German Stock Corporation Act). It serves solely to fulfil the obligations arising from the employee share capital program of Fraport AG Frankfurt Airport Services Worldwide. The total purchase price (excluding incidental costs) is up to EUR 4,000,000.

The share buyback will begin on 04 June 2024 and will be completed by 30 June 2024. It will be carried out by an independent financial service provider in accordance with the safe harbour rules defined under Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council dated 16 April 2014, in conjunction with the provisions of the Delegated Regulation (EU) 2016/1052 of the Commission dated 8 March 2016. In particular, the financial services provider is required to execute the repurchase of shares as follows:

1. The shares are purchased at market prices in accordance with the aforementioned regulations. The shares are not purchased at a price higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the trading venue where the purchase is carried out.

2. On any trading day, no more than 25 percent of the average daily volume of the shares on the trading venue on which the purchase is carried out is purchased. The average daily volume is based on the average daily volume traded during the month preceding the month, in which the publication of the share buyback program took place, that means, on the average daily trading volume in April 2024.

Contact:

Fraport AG Frankfurt Airport Services Worldwide
Christoph Nanke
Head of Finance and Investor Relations
Airportring
60547 Frankfurt am Main

Tel. +49 69 690-74842
Fax +49 69 690-74843
E-Mail: investor.relations@fraport.de
 


24.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Fraport AG Frankfurt Airport Services Worldwide
-
60547 Frankfurt am Main
Germany
Phone: +49 (0)69 6 90-7 48 42
Fax: +49 (0)69 6 90-7 48 43
E-mail: investor.relations@fraport.de
Internet: www.fraport.com
ISIN: DE0005773303
WKN: 577330
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1910917

 
End of News EQS News Service

1910917  24.05.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1910917&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 3.478,30 3.705,80 1.677,00 2.143,30 3.194,40 4.000,50 4.280,00
EBITDA1,2 1.129,00 1.180,30 -250,60 757,00 1.029,80 1.204,00 1.320,00
EBITDA-Margin3 32,46 31,85 -14,94 35,32 32,24 30,10 30,84
EBIT1,4 730,50 705,00 -708,10 313,70 564,50 702,80 785,00
EBIT-Margin5 21,00 19,02 -42,22 14,64 17,67 17,57 18,34
Net Profit (Loss)1 505,70 454,30 -690,40 91,80 166,60 430,50 481,00
Net-Margin6 14,54 12,26 -41,17 4,28 5,22 10,76 11,24
Cashflow1,7 802,30 952,30 -236,20 392,60 787,30 863,20 0,00
Earnings per share8 5,11 4,54 -7,09 0,89 1,43 4,26 4,70
Dividend per share8 2,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Fraport
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
577330 DE0005773303 AG 5.390,93 Mio € 11.06.2001 Halten 9F2C3H2H+PW
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
11,78 17,52 0,67 24,75 1,25 6,25 1,35
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
27.05.2025 13.05.2025 06.08.2024 05.11.2024 18.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+5,90%
58,30 €
ATH 97,26 €
+15,70% +19,42% +6,46% +5,88% +66,57%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2024          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2024 by Gereon Kruse #BGFL