German ecommerce company Rocket Internet will buy back up to 150 million euros ($175.25 million) worth of shares, or 3.6 percent of its outstanding stock, as it responds to investor calls to use some of its 2.1 billion euro cash pile.

source https://www.reuters.com/article/us-rocket-internet-results/rocket-internet-to-buy-back-up-to-3-6-percent-of-its-shares-idUSKCN1M00R2?feedType=RSS&feedName=technologyNews