Eurofins Scientific: new share buyback program
(CercleFinance.com) - Eurofins Scientific announces the launch of a third share buyback program for a maximum amount representing up to 2% of its share capital, starting on September 2 and ending on August 31, 2026.
The shares repurchased will be used primarily to cover the company's obligations under its long-term compensation plans, but may also be cancelled, used to partially finance acquisitions or for other purposes approved by its Board.
A mandate has been given to an independent financial services provider to execute the first tranche of this program, over a maximum period of one month and for a volume of up to 1.47 million shares, or 0.76% of Eurofins' share capital.
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