XTB shares climbed to an all-time high today (Tuesday), surging more than 4% as investors responded positively to the company's 10 million zlotys share buyback program launched the previous evening.

XTB Shares Hit Record High Following Share Buyback Announcement

The Poland-based fintech broker saw its stock price reach 78.74 PLN during morning trading on the Warsaw Stock Exchange (WSE: XTB), surpassing its previous record of 78 PLN set in January. The latest rally represents a significant 25% rebound from the 2025 low recorded in March.

The price jump follows Monday's announcement that XTB's Management Board has initiated an almost 10 million PLN share repurchase program authorized by shareholders at the company's Extraordinary General Meeting last November. The buyback, which began on April 14, will continue until September 30, 2025, unless the allocated funds are depleted earlier.

XTB plans to acquire up to 95,248 of its own shares at prices ranging between 35.00 PLN and 104.30 PLN per share, with a total budget not exceeding 9.93 million PLN. The purchases will be conducted on the WSE through broker orders, including block trades.

The Management Board has committed to providing regular updates on the progress of the share repurchase program.

According to the company's statement, the repurchase program aims to fulfill obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term under XTB's incentive plan. The company has engaged Trigon Dom Maklerski S.A. to execute the buyback in accordance with European Union regulations and Polish national legislation.

Bucking the Trend in Volatile Markets

XTB's recent performance stands in contrast to its industry peers, who have struggled amid the market volatility triggered by President Trump's aggressive tariff policies. While London-listed brokers saw significant declines last week, XTB has demonstrated resilience.

The ongoing trade tensions between the United States and China have intensified in recent days. Last week, Trump threatened to impose 50% tariffs on China starting April 9 if China did not withdraw its 32% retaliatory tariffs. This escalation pushed the VIX volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term index to around 32 points, reflecting heightened market uncertainty.

However, some relief came on Sunday when Trump announced tariff reductions on electronic equipment. Consumer electronics such as smartphones and laptops will now face a 20% rate instead of the previously announced higher tariffs. Reports also suggest that Trump may adjust semiconductor tariff rates later this week.

Moving back to XTB, the company also announced a new crypto institutional offering this week, reducing spreads by up to 60% and increasing exposure from 1 to 10 million EUR.