Edenred: share buyback mandate increased
(CercleFinance.com) - As part of its share buyback program worth up to 300 million euros until March 2027, Edenred has announced a 39 million euro increase in the mandate signed on September 12 with an investment services provider.
This mandate, aimed at a cumulative amount of 114 million euros taking into account buybacks already carried out, remains valid until May 15, 2025 and covers the amount of buybacks still to be carried out within the 300 million envelope.
At November 18, 6.8 million shares had already been bought back within this framework, for a total of 261 million euros. At the closing price on that date, the 39 million euro amount would correspond to a total volume of 1.4 million shares.
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This mandate, aimed at a cumulative amount of 114 million euros taking into account buybacks already carried out, remains valid until May 15, 2025 and covers the amount of buybacks still to be carried out within the 300 million envelope.
At November 18, 6.8 million shares had already been bought back within this framework, for a total of 261 million euros. At the closing price on that date, the 39 million euro amount would correspond to a total volume of 1.4 million shares.
Copyright (c) 2024 CercleFinance.com. All rights reserved.