The Nemetschek Group follows a sustainable dividend policy which intends to make a distribution of around 25% the operative cash flow to the shareholders.
Dividend proposal for 2024:
For the 2024 financial year, the supervisory board and the executive board propose a dividend in the amount of EUR 0.55 per share to the annual general meeting on May 20, 2025.
Dividend Development:
Analyst Coverage
| Date | Bank | City | Name | Price Target | Vote |
| 05/02/2025 | BAADER Helvea Equity Research | Unterschleißheim | Knut Woller | 124.00 € | Add |
| 05/02/2025 | Oddo BHF | Madrid | Nicolas David | 140.00 € | Outperform |
| 05/02/2025 | Berenberg Bank | London | Nay Soe Naing | 108.00 € | Hold |
| 05/02/2025 | Citi Research | London | Balajee Tirupati | 126.00 € | Buy |
| 05/02/2025 | J.P.Morgan | London | Joseph George | 95.00 € | Underweight |
| 05/02/2025 | Barclays | London | Alice Jennings | 125.00 € | Overweight |
| 05/02/2025 | Warburg Research | Hamburg | Andreas Wolf | 106.00 € | Hold |
| 05/02/2025 | Morgan Stanley | London | George Webb | 106.50 € | Equalweight |
| 05/02/2025 | Deutsche Bank | Frankfurt | Nicolas Herms | 110.00 € | Hold |
| 04/30/2025 | Kepler Cheuvreux | Frankfurt | Florian Treisch | 115.00 € | Buy |
| 04/30/2025 | UBS | London | Michael Briest | 115.00 € | Neutral |
| 04/30/2025 | Bryan Garnier & Co. | Paris | Aurélien Deside | 100.00 € | Neutral |
| 04/30/2025 | Metzler | Frankfurt | Oliver Frey | 100.00 € | Hold |
| 04/30/2025 | Goldman Sachs | London | Mohammed Moawalla | 135.00 € | Buy |
| 04/09/2025 | BofA | London | Victor Cheng | 83.00 € | Underperform |
| 04/07/2025 | Stifel | London | Chandramouli Sriraman | 110.00 € | Hold |
| 03/21/2025 | LBBW – Landesbank Baden-Württemberg | Stuttgart | Mirko Maier | 110.50 € | Hold |
| 03/21/2025 | mwb research | Hamburg | Thomas Wissler | 117.00 € | Hold |
| 03/20/2025 | Quirin Privatbank | Frankfurt | Sebastian Droste | 127.00 € | Buy |
| 03/20/2025 | DZ Bank | Frankfurt | Armin Kremser | 63.00 € | Sell |
| 03/20/2025 | BNP Paribas Exane | Frankfurt | Martin Jungfleisch | 130.00 € | Outperfom |
| 10/22/2024 | Hauck & Aufhäuser | Hamburg | Simon Keller | 90.00 € | Hold |
| 08/01/2024 | Bernstein | London | Richard Nguyen | 90.00 € | Hold |
| Average Target Price in € (MEDIAN) | 110.00 € | ||||
Analysts Addresses
Share Buyback
On the basis of the authorization granted by the annual general meeting of Nemetschek SE on May 23, 2024, the company is authorized to buy back treasury shares in accordance with § 71 (1) no. 8 AktG up to a total of 10% of the share capital. The authorization was granted until the end of May 22, 2029.
The treasury shares can be used for all purposes specified in the authorization of the Annual General Meeting on 23 May 2024.
Share buyback program February 2025
The Executive Board of Nemetschek SE (ISIN: DE0006452907) has decided, with the approval of the Supervisory Board, to launch a share buyback program to acquire treasury shares using the authorization granted by the Annual General Meeting on May 23, 2024.
As part of the share buyback program, shares can be bought back in a period from February 5, 2025 to December 31, 2025. Nemetschek SE is allowed to buy back up to 92,600 own shares (this corresponds to approx. 0.08% of the share capital) via the stock exchange. The maximum possible total purchase price for the acquisition of the shares (excluding acquisition costs) was set at EUR 11.1 million.
The repurchased shares will be used to service stock appreciation rights granted by the Nemetschek Group since 2022 to Executive Board members and employees in senior leadership positions. The buyback program was carried out from February 7, 2025, until February 14, 2025.
Disclosure pursuant to Article 5 para. 1 lit. a) of Regulation (EU) No 596/2014 and Article 2 para. 1 of Commission Delegated Regulation (EU) 2016/1052
| Date | Number of shares | Average price in € | Volume in € |
| 05.02.2025 - 07.02.2025 | 15,500 | 120.45 | 1,866,911.45 |
| 10.02.2025 - 14.02.2025 | 75,505 | 121.99 | 9,232,412.89 |
| Total | 91,205 | 11,099,323.95 |