EQS-News: GEA successfully completes share buyback program

GEA successfully completes share buyback program

Düsseldorf, 14 April 2025 – GEA has successfully completed its latest share buyback program with a total volume of around 400 million EUR. The acquired shares will be cancelled. Once again, the program was linked to an attractive sustainability component.

In light of its strong balance sheet and significant improvements of key financial metrics, GEA announced the program on 7 November 2023. Between 9 November 2023 and 11 April 2025, a total of 9,529,412 shares were repurchased on the stock exchange. This corresponds to approximately 5.53% of the total registered share capital now being held by the Company.

During the program, the shares were acquired at an average price of 41.98 EUR. The repurchased shares are not entitled to dividends or voting rights. GEA will cancel all repurchased shares upon completion of the program and following the Annual General Meeting taking place on April 30, 2025.

"The successful completion of the latest share buyback program reflects our confidence in GEA's strong development prospects. It underscores our commitment to profitable growth and long-term value creation," said Bernd Brinker, Chief Financial Officer of GEA.

For the second time, GEA has linked its share buyback program with a sustainability component. With a total amount of 400,000 EUR, GEA is donating a portion of the guaranteed outperformance to the organizations Viva con Agua and UNICEF Germany. In 2023, GEA pioneered this approach by being the first German company to integrate a sustainability initiative into a share buyback program. The outperformance results from the difference between the actual purchase price of GEA shares and their volume-weighted average price during the execution period.

 

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 Media Relations

Matthias Schnettler

Peter-Müller-Str. 12, 40468 Düsseldorf

Telefon +49 162 34 63 734

matthias.schnettler@gea.com

 

About GEA

GEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries. The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components and comprehensive services. For instance, every second pharma separator for essential healthcare products such as vaccines or novel biopharmaceuticals is produced by GEA. In food, every fourth package of pasta or every third chicken nugget are processed with GEA technology. With more than 18,000 employees, the Group generated revenues of about EUR 5.4 billion in more than 150 countries in the 2024 fiscal year. GEA plants, processes, components and services enhance the efficiency and sustainability of customers’ production. They contribute significantly to the reduction of CO2 emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: ”Engineering for a better world.”

GEA is listed on the German MDAX, the European STOXX® Europe 600 Index and is also a constituent of the leading sustainability indices Dax 50 ESG, MSCI Global Sustainability and Dow Jones Best-in-Class World.

More information can be found online at gea.com.

If you do not wish to receive any further information from GEA, please send an e-mail to pr@gea.com.

Contact:

GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1500
gea.com