Scout24 SE stock (DE000A12DM80): Second buyback tranche window opens on Xetra

Scout24 SE has confirmed the timeframe and parameters for the second tranche of its up to EUR 250 million share buyback program, with the earliest possible start on 06/01/2026 on Xetra in Germany, giving investors clearer visibility on potential capital returns and free-float reduction.

Scout24 SE is entering a new phase of its capital return strategy as the earliest possible start date for the second tranche of its share buyback program, set at 06/01/2026, comes into effect on the German Xetra market, under the authorization framework detailed in a capital market information release on 12/03/2025 and confirmed again in a follow-up decision dated 04/28/2026, according to EQS News as of 12/03/2025 and a notice disseminated via Deutsche Börse on 04/28/2026.

Under this second tranche of the buyback, Scout24 SE plans to repurchase own shares with a total value of up to EUR 250 million, excluding transaction costs, and has set a cap of 4,500,000 shares to be bought back via the stock exchange or a multilateral trading system, a structure that directly addresses investors in Germany where the stock trades on Xetra under the ticker G24, according to Deutsche Börse as of 04/28/2026.

The company has defined a clear time window for this tranche, stating that the purchases will not start before 06/01/2026 and must be completed no later than 05/31/2027, which provides medium-term visibility on potential buyback activity and its impact on the free float, according to the capital market information published via EQS on 12/03/2025 and reiterated in the April 2026 continuation decision by the management board of Scout24 SE.

The stock last traded on Xetra in euros and continues to be listed on the regulated market in Germany, with the buyback framework designed to comply with Article 5 of Regulation (EU) 596/2014 and the Delegated Regulation (EU) 2016/1052, according to the same capital market information releases, signaling that the program is structured within the standard regulatory framework for issuers on the German market.

As of: 06/01/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Scout24
• Sector/industry: Online real estate classifieds and digital marketplaces
• Headquarters/country: Berlin, Germany
• Core markets: Germany and selected neighboring European countries
• Key revenue drivers: Listings and advertising products on ImmoScout24 for residential and commercial real estate, plus subscription and lead-generation services for agents and property professionals
• Home exchange/listing venue: Xetra (G24)
• Trading currency: EUR

Scout24 SE: core business model

Scout24 SE focuses on operating the ImmoScout24 online real estate platform, generating most of its revenue from digital listing, marketing, and subscription solutions sold to property professionals and private users in Germany.

What banks and research houses say about Scout24 SE

No verified analyst coverage was identified at the time of publication.

Conclusion

The opening of the time window for Scout24 SEs second buyback tranche of up to EUR 250 million, with a maximum of 4,500,000 shares to be repurchased on Xetra and other eligible venues, highlights the companys continued focus on capital allocation within the German regulatory framework.

Even though no recent, verifiable analyst rating details could be incorporated, the clearly defined buyback horizon running until 05/31/2027 gives the market a better view of potential share repurchases and their possible impact on liquidity and free-float dynamics over the medium term.

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.