Published by Global Banking and Finance Review
Posted on December 9, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on December 9, 2025
1 min readLast updated: January 20, 2026
Deutsche Boerse plans regular share buybacks and M&A under CEO Stephan Leithner, aiming for 6.5 billion euros in revenue by 2028.
FRANKFURT, Dec 9 (Reuters) - German exchange operator Deutsche Boerse on Tuesday pledged to regularly buy back shares and said that it would continue to seek out mergers and acquisitions as part of its strategy over the next three years.
The plan is the first under the leadership of CEO Stephan Leithner, who assumed the helm earlier this year, and will be presented to investors on Wednesday.
Deutsche Boerse said it would begin a buyback of 500 million euros ($581.35 million) in 2026.
The company has bought back roughly 500 million euros in shares in 2025, the most in a single year since 2005. The company has gone long stretches with no buybacks.
"Organic growth ... continues to have the highest capital allocation priority, while M&A is expected to continue if strategically and financially attractive to complement organic growth," Deutsche Boerse said.
The company is aiming for net revenue of 6.5 billion euros in 2028, without its treasury result, up from an estimated 5.2 million euros in 2025.
($1 = 0.8601 euros)
(Reporting by Tom SimsEditing by Madeline Chambers)
A share buyback is when a company purchases its own shares from the marketplace, reducing the number of outstanding shares. This can increase the value of remaining shares and is often used to return capital to shareholders.
M&A stands for mergers and acquisitions, a general term that refers to the consolidation of companies or assets. Mergers occur when two companies combine to form one, while acquisitions involve one company purchasing another.
Capital allocation is the process of deciding how to distribute financial resources among various investments or projects. It is crucial for maximizing returns and ensuring the company's long-term growth.
Net revenue is the total income generated by a company from its business activities, minus any costs associated with returns, allowances, and discounts. It reflects the actual earnings before expenses are deducted.
Organic growth refers to the growth rate a company achieves by increasing output and enhancing sales through its existing business operations, rather than through mergers or acquisitions.
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