GFT Technologies Completes EUR 15 Million Share Buyback

GFT Technologies SE has finalized its share buyback program, reclaiming 761,138 shares worth EUR 14,999,984.14. This represents 2.8912% of the company's share capital, at an average cost of EUR 19.7073 per share. The program underscores GFT's AI-focused five-year strategy aimed at sustainable growth.

CFO Jochen Ruetz commented on the initiative, highlighting its alignment with the current low valuations in the small-cap market and expressing confidence in the company's strategic direction. The buyback was initiated on April 15, 2025, following a March board resolution. Conducted under EU market regulations, it was administered independently of GFT's influence.

No determination has been made regarding the use of treasury shares, leaving open various options including share cancellation as per shareholder authorization.