As part of the completed sixth to eighth tranches of the 2022–2026 share buyback program, we repurchased a total of 35.9 million shares in the amount of €1,376 million over the course of the year through December 31, 2025. Since the beginning of the share buyback program, we have so far repurchased a total of 115.9 million shares to the value of €4.5 billion.
On March 24, 2025, we issued three bonds with different maturities and an aggregate principal amount of €2,250 million. On June 5, 2025, we also issued a bond with a volume of €900 million and a term through 2032. On November 25, we issued two further bonds maturing in 2031 and 2037 and with an aggregate principal amount of nominal €1,350 million. The proceeds will largely be used for general company purposes, including the refinancing of financial liabilities. Among other things, we fully repaid the convertible bond 2017/2025 in the amount of €1 billion on June 30, 2025.
The merger of DHL eCommerce UK with the British parcel delivery company Evri was completed for accounting purposes at the end of September 2025. We contributed the assets and liabilities of DHL eCommerce UK, previously categorized as held for sale, to Evri Group, which is held by Project Edge Topco Limited. The deconsolidation resulted in a gain of €214 million (before transaction costs). In addition to the transfer of the business, a cash payment of €343 million was agreed, which was made in the fourth quarter of 2025. The resulting shareholding of 30.29% of the shares in Project Edge Topco Limited is accounted for using the equity method.
