XTB Share Buyback Program Worth Over PLN 9.9 Million

XTB has officially announced the commencement of a share buyback program following a resolution adopted at the Company’s Extraordinary General Meeting on November 19, 2024. The resolution, numbered 9, authorized the Management Board to repurchase the Company’s own shares. In line with this, the Board has now outlined the conditions and procedures for the buyback initiative.

XTB Share Buyback Program Worth Over PLN 9.9 Million

The primary objective of the buyback is to meet obligations under XTB’s existing incentive plan. The share repurchase will begin on April 14, 2025, and is going to continue until September 30, 2025. However, the program may conclude earlier if the allocated funds are fully utilized.

To execute the buyback, XTB has appointed Trigon Dom Maklerski S.A., an investment firm, to manage the process in accordance with Article 4(2)(b) of Commission Delegated Regulation (EU) 2016/1052. This regulation outlines the technical standards for share buyback programmes and stabilisation measures, and XTB’s actions will also comply with applicable national legislation.

The buyback will take place on the official market operated by the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.). Shares will be via broker orders, including block trades.

Under the terms of the programme, XTB intends to purchase up to 95,248 shares, with a total value not exceeding PLN 9,934,366.40. The share price range is between PLN 35.00 and PLN 104.30 per share.

So, the Company has committed to providing regular updates on the progress of the buyback and details of acquired shares. This strategic move aims to reinforce shareholder value while supporting the Company’s long-term incentive structure.

Company Overview

XTB is a globally famous online brokerage and trading firm. Established in 2002, it became a premier retail Forex and CFD services provider. Operating across numerous countries, XTB is subject to regulation by esteemed financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Polish Financial Supervision Authority (KNF) in Poland. Renowned for its reliability, XTB offers exceptional customer support, an extensive range of forex and CFD options, and an exemplary trading environment. 

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