eDreams ODIGEOannounces a new advance in its capital optimization strategy with the redemption of 3 million shares, raising to Nearly 9 million are the total number of titles canceled since July of this year. The figure represents approximately 7.57% of the current share capital.
The operation is part of the capital reduction program approved by the shareholders at the General Meeting of July 2025 and delegated to the Board of Directors. After this new amortization – the second of the three authorized – the company still maintains the capacity to execute a additional cancellation of another 3 million titles, a flexibility that, according to the company, will allow it to continue strengthening its capital structure and returning value to the investor.
With the operations carried out, the share capital of eDO stands at 11,862,505.9 euros, divided into 118,625,059 shares of 0.10 euros par value. The company has reported that the approved reductions are pending registration in the Madrid Mercantile Registry, after which the official share capital figure will be updated on the website of the National Securities Market Commission (CNMV).
Strategy aligned with growth and profitability
The company frames these amortizations in its efficient capital allocation policy, whose objective is to increase the profit per share and reinforce the creation of value for shareholders. eDO maintains that its subscription-based business model generates solid cash flows, allowing it to finance its growth – including new markets and product lines – while maintaining a stable shareholder remuneration program.
In its recent strategic update, the company reiterated its ambition to reach 13 million subscribers by 2030 and announced a plan to invest 100 million euros in share buybacks for the next two years.
The CFO of eDreams ODIGEODavid Elizagahighlights that this new amortization demonstrates “the powerful cash generation engine” of its Prime offer.
«With this execution, we have now canceled nearly 9 million shares since July, and we still have authorized capacity to continue this program. With a growing base of 7.7 million members driving our financial strength, we are fully prepared to maintain this pace and continue optimizing our long-term capital structure,» he said.