The Nemetschek Group follows a sustainable dividend policy which intends to make a distribution of around 25% of the operative cash flow to the shareholders.
Dividend distribution 2023:
The Annual General Meeting on May 23, 2024 approved a dividend of EUR 0.48 per share for financial year 2023.
Dividend Development:
Analyst Coverage
| Date | Bank | City | Name | Price Target | Vote |
| 02/11/2025 | mwb research | Hamburg | Thomas Wissler | 117.00 € | Hold |
| 01/29/2025 | BNP Paribas Exane | Frankfurt | Martin Jungfleisch | 125.00 € | Outperfom |
| 01/27/2025 | Goldman Sachs | London | Mohammed Moawalla | 135.00 € | Buy |
| 01/22/2025 | BAADER Helvea Equity Research | Unterschleißheim | Knut Woller | 120.00 € | Add |
| 01/22/2025 | Kepler Cheuvreux | Frankfurt | Florian Treisch | 115.00 € | Buy |
| 01/21/2025 | Bryan Garnier & Co. | Paris | Aurélien Deside | 95.00 € | Neutral |
| 01/21/2025 | Warburg Research | Hamburg | Andreas Wolf | 85.00 € | Hold |
| 01/21/2025 | Metzler | Frankfurt | Oliver Frey | 91.00 € | Hold |
| 01/21/2025 | Oddo BHF | Madrid | Nicolas David | 129.00 € | Outperform |
| 01/20/2025 | Barclays | London | Alice Jennings | 125.00 € | Overweight |
| 01/20/2025 | Citi Research | London | Balajee Tirupati | 120.00 € | Buy |
| 01/20/2025 | Berenberg Bank | London | Nay Soe Naing | 88.00 € | Hold |
| 01/20/2025 | Morgan Stanley | London | George Webb | 105.00 € | Equalweight |
| 01/20/2025 | J.P.Morgan | London | Joseph George | 95.00 € | Underweight |
| 01/20/2025 | UBS | London | Michael Briest | 115.00 € | Neutral |
| 01/17/2025 | Stifel | London | Chandramouli Sriraman | 105.00 € | Hold |
| 01/15/2025 | Deutsche Bank | Frankfurt | Nicolas Herms | 100.00 € | Hold |
| 11/18/2024 | LBBW – Landesbank Baden-Württemberg | Stuttgart | Mirko Maier | 94.00 € | Hold |
| 11/08/2024 | DZ Bank | Frankfurt | Armin Kremser | 60.00 € | Sell |
| 10/22/2024 | Hauck & Aufhäuser | Hamburg | Simon Keller | 90.00 € | Hold |
| 08/05/2024 | BofA | London | Victor Cheng | 70.00 € | Underperform |
| 08/01/2024 | Bernstein | London | Richard Nguyen | 90.00 € | Hold |
| Average Target Price in € (MEDIAN) | 102.50 € | ||||
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.
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 | 121.70 | 11,099,323.95 |