eDreams ODIGEO approves new share repurchase programme to further enhance shareholder value

eDreams ODIGEO (hereinafter, ‘the Company’), the world’s leading travel subscription company and one of Europe’s largest e-commerce firms, announces that its Board of Directors has approved a further repurchase programme for its ordinary shares, with a maximum allocation of €20 million.

During fiscal year 2025, which ended March 2025, the Company deployed a total of €79.9 million in repurchases of its ordinary shares. These formed part of the Company’s strategy to manage its share capital, fulfil obligations under its long-term incentive plan for employees (LTIP), support share liquidity, and ultimately return capital and generate value for its shareholders. These repurchases were conducted via share buy-back programmes, a tender offer, and other off-market acquisitions, including from significant shareholders. As a result, the existing €50 million share repurchase authorisation implemented by the Board in November 2024 has been effectively utilised and is now nearing its full completion.

Following the success of the prior share repurchases, which resulted in increased daily trading activity and liquidity for the Company’s shares, achieving an average volume in 2025 of 2.4 million euros per day on the European Composite Index, the Board of Directors has approved a new share buy-back programme to further enhance shareholder value. This action, which will be formally announced concurrently with the completion of the preceding programme, is supported by strong financial performance and robust free cash flow generation. The Board believes this proactive measure underscores its commitment to supporting shareholder value and reflects confidence in the Company’s growth prospects as the world’s first and largest travel subscription company.