Tranche Update on Westwing Group SE's Equity Buyback Plan announced on December 5, 2022.
August 09, 2023
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From April 1, 2023 to June 30, 2023, the company has repurchased 114,699 shares, representing 0.56% for ?0.95 million. With this, the company has completed the repurchase of 346,792 shares, representing 1.69% for ?3.05 million under the buyback announced on December 5, 2022.
Westwing Group SE is a Germany-based company specializing in the home and living e-commerce sector. The Company offers a broad range of home products, which include home decor products, home accessories, textiles and rugs, and large and small furniture, such as living and dining furniture, upholstery, and bedroom furniture, as well as kitchen and dining, lighting, and other products under own private label and third-party brands. It cooperates with more than 500 partners, including designer brands, manufacturers, and suppliers, such as KitchenAid, Flos, Nespresso, jankurtz, Jonathan Adler, hessnatur, among others. The Company is active in 11 European countries, including Germany, Austria, Switzerland, Belgium, the Czech Republic, France, Italy, the Netherlands, Poland, Spain, and Slovakia.