DGAP-News: MLP SE: Share buyback launched for implementation of the participation programme
DGAP-News: MLP SE
/ Key word(s): Share Buyback
Share buyback launched for implementation of the participation programme - Participation programme for MLP office managers and consultants once again based on shares - Continuous strengthening of the collaborative component in the business model - The value of the share buyback is up to EUR 3.6 million Wiesloch, December 22, 2021 - At the start of January 2022, MLP will once again be launching its programme of buying back treasury stock via the stock exchange. The total volume of the buyback programme is up to EUR 3.6 million and is set to be completed by May 31, 2022 at the latest. At the current price (EUR 8.11), this corresponds to a total of 443.896 shares or 0.41 percent of the share capital. MLP will use the shares purchased in the buyback for the participation programme for MLP office managers and MLP consultants. The objective here is to further strengthen the collaborative component in the MLP business model. With its resolution from June 24, 2021, the Annual General Meeting authorised the Executive Board and Supervisory Board to buy back treasury shares, which can also be used for the participation programme. MLP already bought back shares for use in the participation programme in previous years. Since the programme was first launched in 2018, more than 2 million shares have been acquired in this way and transferred to the consultants and office managers. We will provide detailed information on the share buybacks on our investor relations website: https://mlp-se.com/investors/mlp-share/share-buyback/ About MLP: - Deutschland.Immobilien - The real estate platform for financial consultants and clients - DOMCURA - The underwriting agency for financial consultants and consultant platforms - FERI - Investment management for institutional clients and high net worth individuals - MLP - Financial consulting for discerning clients - RVM - The insurance broker for SMEs - TPC - Occupational provision management for companies An intensive transfer of knowledge and expertise takes place within the network. The specialists support one another in the areas of research and concept development, as well as in client consulting. This valuable and targeted interaction generates additional value for clients, as well as for the company and its shareholders. Economic success also forms the basis for accepting social responsibility.
22.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | MLP SE |
Alte Heerstraße 40 | |
69168 Wiesloch | |
Germany | |
Phone: | +49 (0)6222-308-8320 |
Fax: | +49 (0)6222-308-1131 |
E-mail: | [email protected] |
Internet: | www.mlp-se.de |
ISIN: | DE0006569908 |
WKN: | 656990 |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange |
EQS News ID: | 1261143 |
End of News | DGAP News Service |
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1261143 22.12.2021
MLP SE Stock
Currently there is a rather positive sentiment for MLP SE with 4 Buy predictions and 0 Sell predictions.
With a target price of 10 € there is a hugely positive potential of 75.75% for MLP SE compared to the current price of 5.69 €.