IONOS Group SE (IOS.F), a German Internet service provider, Tuesday announced a share buyback program to acquire up to 1.5 million treasury shares through the stock exchange. The buyback amounts to a total of up to 40 million euros, through December 31.
The company said the buyback will help meet obligations from employee share option programs and other purposes.
As per a previous authorization, the company could repurchase up to 10 percent of its share capital, until August 31, 2026.
On Monday, IOS.F had closed 2% lesser at EUR 22.10.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.