Ekinops: buyback of nearly 121,000 shares

(CercleFinance.com) - Telecoms solutions company Ekinops has announced that, during the May 24 trading session, it acquired 120,914 of its own shares, representing 0.
45% of its capital, from a long-standing shareholder (former OneAccess shareholder).

The transaction was carried out as part of the company's share buyback program at a price of 4.04 euros per share, representing a total amount of 0.49 million euros. On completion of the transaction, treasury shares represented 0.45% of the share capital.

The purpose of this transaction is to enable Ekinops to cover its obligations in connection with free share allocation programs, and thus to limit the dilution associated with these instruments for all shareholders.

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