Diebold Nixdorf Reports 2024 Fourth Quarter with Strong Full-Year Financial Results; Authorizes its First $100 Million Share Repurchase Program

Rhea-AI Summary

Diebold Nixdorf (NYSE: DBD), a leader in banking and shopping transformation solutions, has announced its fourth quarter and full-year 2024 financial results. In a significant move, the company has authorized its first $100 million share repurchase program. The company's management, including CEO Octavio Marquez and CFO Tom Timko, will discuss the financial performance during a conference call on February 12, 2025, at 8:30 a.m. ET.

Positive

• Authorization of first $100 million share repurchase program

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• None.

News Market Reaction

+5.36%

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+5.36% News Effect

On the day this news was published, DBD gained 5.36%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Materials available at http://www.dieboldnixdorf.com/earnings

NORTH CANTON, Ohio, Feb. 12, 2025 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today reported its 2024 fourth quarter and full-year 2024 financial results and announced it has authorized a $100 million share repurchase program. The full press release and a presentation summarizing results from the period are available at the Investor Relations section of Diebold Nixdorf's website at http://www.dieboldnixdorf.com/earnings.

Octavio Marquez, president and chief executive officer, and Tom Timko, executive vice president and chief financial officer, will discuss the company's financial performance during a conference call today, Wednesday, Feb. 12 at 8:30 a.m. ET. A replay of the call will also be available on the Investor Relations section of Diebold Nixdorf's website for three months following the event.

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About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

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SOURCE Diebold Nixdorf, Incorporated

FAQ

What is the size of Diebold Nixdorf's (DBD) new share repurchase program?

Diebold Nixdorf has authorized a $100 million share repurchase program, which is the company's first such program.

When will Diebold Nixdorf (DBD) discuss its Q4 2024 financial results?

Diebold Nixdorf will discuss its Q4 2024 financial results during a conference call on February 12, 2025, at 8:30 a.m. ET.

How long will the replay of DBD's Q4 2024 earnings call be available?

The replay of the earnings call will be available on Diebold Nixdorf's Investor Relations website for three months following the event.

What is the significance of DBD's first share repurchase program announcement?

The $100 million share repurchase program represents Diebold Nixdorf's first-ever stock buyback initiative, indicating confidence in the company's financial position and commitment to returning value to shareholders.