30.08.2021 flatexDEGIRO AG  DE000FTG1111

DGAP-News: flatexDEGIRO executes 4-for-1 stock split


 

DGAP-News: flatexDEGIRO AG / Key word(s): Miscellaneous
flatexDEGIRO executes 4-for-1 stock split

30.08.2021 / 07:00
The issuer is solely responsible for the content of this announcement.


flatexDEGIRO executes 4-for-1 stock split

- Each flatexDEGIRO shareholder of record at close of business on 1 September 2021 will receive three additional shares for every share held

- Number of outstanding shares to increase to 109,704,548

- Shares to start trading on a split-adjusted basis on 2 September 2021

Frankfurt/Main - flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's leading and fastest-growing retail online broker will execute a 4-for-1 stock split to further increase liquidity of the shares and make stock ownership even more accessible to investors, especially in the retail sector. Each flatexDEGIRO shareholder will receive three additional shares for every one share owned. Shares will start trading on a split-adjusted basis on 2 September 2021. The price of the flatexDEGIRO share will be divided by four accordingly, without impacting the value of the total share capital or diluting stock ownership.

"flatexDEGIRO is on a mission to fully retailise capital market access, allowing everyone to take charge of their own financial future in a smart and responsible way. Due to our operating and financial success, our share price has increased by more than 200 percent over the last two years. The stock split enables more retail investor to participate directly in our long-term growth agenda," explains Frank Niehage, CEO of flatexDEGIRO the rationale of the stock split.

Muhamad Chahrour, CFO of flatexDEGIRO AG and CEO of DEGIRO adds: "As the leading European retail broker it is also our responsibility to increase accessibility of capital markets. With the stock split the price of our share will visually quarter while the number of shares will quadruple. A lower share price allows more retail investors to trade the stock and to further increase the liquidity in the share, which is positive for the intended inclusion of flatexDEGIRO in the MDAX."

Contact:

Achim Schreck
Head of IR & Corporate Communications
flatexDEGIRO AG
Rotfeder-Ring 7
D-60327 Frankfurt/Main
Tel. +49 (0) 69 450001 0
[email protected]


About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates one of the leading and fastest-growing online brokerage businesses in Europe, executing millions of paperless securities transactions per annum. B2C customers in 18 European countries are serviced via the flatex and DEGIRO brands and offered a wide range of independent products at competitive pricing, based on a modern, in-house state-of-the-art technology.

With currently more than 1.25 million customers and over 75 million securities transactions in 2020, flatexDEGIRO is the largest retail online broker in Europe. In a time of bank consolidation, low interest rates and digitalization, the flatexDEGIRO Group is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to grow its customer base to 7-8 million customers, settling at least 250-350 million transactions per year - even in years with low volatility.



30.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: flatexDEGIRO AG
Rotfeder-Ring 7
60327 Frankfurt / Main
Germany
Phone: +49 (0) 69 450001 0
E-mail: [email protected]
Internet: www.flatexdegiro.com
ISIN: DE000FTG1111
WKN: FTG111
Indices: SDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1229562

 
End of News DGAP News Service

1229562  30.08.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 107,01 125,10 131,95 261,49 417,58 406,96 390,73
EBITDA1,2 32,07 42,37 37,58 98,43 112,09 183,28 140,35
EBITDA-Marge3 29,97 33,87 28,48 37,64 26,84 45,04
EBIT1,4 26,48 30,62 24,75 73,79 80,26 151,28 104,35
EBIT-Marge5 24,75 24,48 18,76 28,22 19,22 37,17 26,71
Jahresüberschuss1 16,80 17,47 14,91 49,92 51,55 106,19 71,86
Netto-Marge6 15,70 13,96 11,30 19,09 12,35 26,09 18,39
Cashflow1,7 0,11 250,07 -157,25 141,45 125,03 113,32 63,08
Ergebnis je Aktie8 0,15 0,16 0,14 0,55 0,47 0,97 0,65
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
flatexDEGIRO
WKN Kurs in € Einschätzung Börsenwert in Mio. €
FTG111 10,445 Kaufen 1.149,29
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,95 26,01 0,38 25,11
KBV KCV KUV EV/EBITDA
1,72 18,22 2,94 8,19
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,04 0,38 04.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2024 28.08.2024 22.10.2024 28.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
3,94% 8,96% -6,49% 11,28%
    
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FinTech , FTG111 , FTK , XETR:FTK