Amadeus Fire jumps on share buyback plan

Amadeus Fire AG

26/09/2023 07:28

** Shares of Amadeus Fire  AMDG.DE  rise 6.1% in early
Frankfurt trade after the German recruiter announced a share
buyback
    ** The company said on Monday it would buy back up to 5% of
its registered share capital for 112.50 euros per share
    ** The price offers a 7.5% premium over the mean closing
price of the last five days, according to the company
    ** The shares closed at 102 euros on Monday, down 11.8% YTD
    ** The stock is among top performers on the German small-cap
index  .SDAXI  in early Frankfurt trade

 (Reporting by Anastasiia Kozlova)
 ((Anastasiia.Kozlova@thomsonreuters.com))