RTL Group is responding to the imminent takeover of Sky Deutschland with a targeted share buyback. The media company has announced that it will buy back up to four million of its own shares, which corresponds to around 2.6 % of the share capital. The buyback will take place at a price of between €30.85 and €37.85 per share.

The background to the buyback is the planned payment of a variable component of the purchase price for Sky Deutschland. By building up its own share portfolio, RTL can settle this component - which amounts to up to € 377 million - in shares in full or in part. Alternatively, the repurchased shares could also be used for future acquisitions.

The acceptance period for the offer runs from 4 to 12 September 2025. Bertelsmann, the majority shareholder with a stake of over 76 %, has already agreed to contribute two million treasury shares, which will be taken into account at the final buyback price.

With this measure, RTL is not only signalling strategic flexibility in the context of the Sky takeover, but also confidence in its own shares and the long-term value of the company. Experts see the move as a clever financial instrument for organising larger takeovers efficiently and in line with the market.