Share Buy-Back
You can find all relevant information about our share buy-backs here.
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Share Buy-Back March 2018
The Management Board of Zalando SE decided to buy back own shares up to EUR 50m in value (excluding incidental transaction charges) or up to 1,250,000 shares (whichever value is reached earlier) pursuant to § 71 para. 1 No. 8 German Stock Corporate Act (Aktiengesetz, AktG) based on the authorization of the company’s annual general meeting of June 2, 2015. The shares serve to meet obligations of Zalando SE arising from share option programs to employees of the company or associate companies and to members of the Management Board of Zalando SE.
The share buy-back is executed via the stock exchange in line with the safe harbour requirements for share buy-back programs set forth by Regulation (EU) No. 596/2014 of the European Parliament and of the Council (Market Abuse Regulation) and Commission Delegated Regulation (EU) 2016/1052.
Zalando publishes the transactions conducted for this purpose:
- Ad hoc notification and disclosure according to Art. 5 para. 1 lit . a) Regulation (EU) No. 596/2014 and Art. 2 para. 1 of Commission Delegated Regulation (EU) No. 2016/1052
- Disclosure according to Art. 5 para. 1 lit. b) and para. 3Regulation (EU) No. 596/2014 and Art. 2 para. 3 Commission Delegated Regulation (EU) No. 2016/1052 // Share buy-back - 1st interim reporting
- Disclosure according to Art. 5 para. 1 lit. b) and para. 3 Regulation (EU) No. 596/2014 and Art. 2 para. 3 Commission Delegated Regulation (EU) No. 2016/1052 // Share buy-back - 2nd interim reporting and final reporting