Just Eat Takeaway.com has announced the start of a share buyback programme to improve future earnings per share under which it plans to repurchase ordinary shares in the amount of up to €150 million and for a number of shares not exceeding the authority granted by the general meeting (10% of the issued shares).
The buyback programme commenced on 31 July 2024 and was cancelled on 24 February 2025 as Just Eat Takeaway.com entered into exclusive discussions in relation to a potential public cash offer.
Under the programme a total of 11,784,947 shares were repurchased at an average price of €12.4709, the total consideration for shares repurchased amounts to €146,968,804 representing 5.6% of issued shares. The repurchased shares will be used for settlement under employee incentive plans or will be cancelled to reduce issued share capital to improve future earnings per share.
Just Eat Takeaway.com has announced the start of a share buyback programme to improve future earnings per share under which it plans to repurchase ordinary shares in the amount of up to € 150 million and for a number of shares not exceeding the authority granted by the general meeting (10% of the issued shares).
The buyback programme commenced on 18 October 2023 and was completed on 3 May 2024. The number of repurchased shares is within the authorisation (10% of the issued shares) of the general meeting of Just Eat Takeaway.com granted to the Management Board. Under the programme a total of 10,942,866 shares were repurchased, representing 4.97% of issued shares, at an average price of €13.7076.
The Company currently holds 15,001,596 shares in treasury. The repurchased shares will be used for settlement under employee incentive plans or will be cancelled to reduce issued share capital to improve future earnings per share.
The buyback programme commenced on 19 April 2023 and was completed on 20 September 2023. The number of repurchased shares is within the authorisation (10% of the issued shares) of the general meeting of Just Eat Takeaway.com granted to the Management Board. Under the programme a total of 10,783,730 shares were repurchased, representing 4.90% of issued shares, at an average price of €13.9098.
The Company currently holds 10,783,730 shares in treasury. The repurchased shares will be used for settlement under employee incentive plans or will be cancelled to reduce issued share capital to improve future earnings per share.