Scout24 SE stock (DE000A12DM80): second share buyback tranche set to start on Xetra

Scout24 SE has specified the framework and earliest start date for the second tranche of its share buyback program, giving investors on the German Xetra market greater visibility on the planned repurchase of up to EUR 250 million in shares, according to an announcement published via EQS on 12/03/2025 and subsequent capital market information updates from the company and Deutsche Börse.

According to the capital market information release, the management board of Scout24 SE, with the approval of the supervisory board, resolved on 12/03/2025 to implement a second tranche of the share buyback program under the authorization granted by the annual general meeting, with a volume of up to EUR 250 million excluding transaction costs and a maximum of 4,500,000 shares to be repurchased through the stock exchange or a multilateral trading facility within the meaning of section 2(6) of the German Stock Exchange Act.EQS capital market information as of 12/03/2025

The announcement clarifies that the second tranche will not commence before 06/01/2026 as the earliest possible purchase date and must be completed no later than 05/31/2027, defining a clear time window in which own shares can be bought back in the market.Deutsche Börse notice as of 12/03/2025 The company stated that the buyback will be carried out in line with the safe harbor provisions of Article 5 of Regulation (EU) No. 596/2014 and the delegated regulation (EU) 2016/1052, with details of individual transactions to be disclosed on the investor relations website and kept publicly accessible for at least five years.

In Germany, Scout24 SE shares trade on Xetra under the ticker G24 and WKN A12DM8, providing domestic investors with liquidity in the home market. The buyback framework applies to trading on the home exchange and other eligible venues, and the company aims to use repurchased shares for purposes such as cancellation, servicing employee participation programs, or other purposes covered by the authorization, as indicated in its earlier communications about capital allocation on the investor relations pages of the group.Scout24 investor relations as of 05/2026

The stock is part of the German mid-cap universe and is followed by domestic and international investors active in the technology and online-platform segment of the German equity market. While the latest EQS notification primarily focuses on the technical details of the second tranche of the buyback, it also signals the management's continued willingness to use excess capital to return funds to shareholders within the authorized limits and in compliance with regulatory requirements in Germany.

The company reiterated in the capital market information release that the maximum number of shares to be repurchased under this second tranche shall not exceed 4,500,000 shares, thereby setting a cap on the potential reduction of the free float and on the total volume of the program during the defined period from the earliest launch date in mid-2026 until the end date in 2027.Deutsche Börse notice as of 12/03/2025 The disclosure was published in line with the requirements for issuers listed on regulated markets in Germany, thereby addressing the information needs of investors and regulatory bodies.

Public price data on 05/30/2026 showed the Scout24 SE share trading on Xetra under the ticker G24 and ISIN DE000A12DM80, with real-time quotations and order book information available through the Deutsche Börse and other market data platforms that track German equities.FinanzNachrichten Xetra order book as of 05/30/2026 The buyback framework announced earlier will interact with market conditions and trading volumes once the second tranche is activated within the defined window.

For investors based in Germany and other European markets, the start of the second tranche of the buyback program adds a new element to the capital-return story of Scout24 SE, complementing its existing strategy of growth investment and shareholder remuneration via share repurchases authorized by the general meeting. The decision to set the earliest possible purchase date at 06/01/2026 offers market participants a concrete timeframe to monitor announcements about the actual start of purchases and the pace of execution thereafter.

As of: 06/01/2026

By the editorial team - specialized in equity coverage.

Scout24 SE: core business model

Scout24 SE operates digital platforms that connect real estate seekers with agents and landlords, generating most of its revenue from subscription fees and marketing solutions for property professionals in its core German-speaking markets.

What banks and research houses say about Scout24 SE

An overview of analyst opinions compiled by finanzen.ch in May 2026 shows that 10 analysts currently cover the Scout24 share, with all 10 experts rating the stock as a buy and an average price target of EUR 103.95 as of May 2026, highlighting a consistently positive stance from the research community toward the companys equity story.finanzen.ch analyst overview as of 05/2026

A similar summary on finanzen.net for May 2026 confirms the same sample of 10 analysts, all of whom classify Scout24 as a buy, with the consensus price target of EUR 103.95 again cited as the central reference value for the stock in the German market, underscoring the alignment of research houses regarding the companys medium-term prospects and valuation metrics.finanzen.net analyst overview as of 05/2026

Conclusion

The confirmation of the second tranche of the share buyback program, with an earliest possible start date of 06/01/2026 and a volume of up to EUR 250 million, strengthens the capital-return framework for Scout24 SE within the German equity market. At the same time, consensus data from 10 analysts compiled in May 2026 indicate a uniformly positive buy stance and an average price target of EUR 103.95, which provides an additional lens through which investors can assess the stock alongside the planned repurchases. How the interaction between the buyback execution, operating performance in the real estate platform business, and broader market conditions unfolds will be key to the future trading profile of the share on Xetra.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.