Capital management |
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| Capital management | 9. Capital management As of September 30, 2025 and December 31, 2024 total equity in percent of total assets was 45.0% and 47.0%, respectively, and debt and lease liabilities (including amounts directly associated with assets held for sale) in percent of total assets was 33.9% and 32.7%, respectively. For details on the Company’s €1,000,000 share buy-back program (excluding ancillary transaction costs) and the initiation of its first tranche whereby shares shall be acquired up to a maximum of €600,000 including any true-ups over a period ending latest April 30, 2026, see note 3 d). The Company’s financing structure and business model are reflected in its credit ratings. The Company is rated investment grade by S&P Global, Moody’s and Fitch. The Company’s current corporate credit ratings and outlooks from the credit rating agencies are provided in the table below: Rating (1)
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