on ARAMIS GROUP (isin : FR0014003U94)
Aramis Group Launches Share Buyback Program
Arcueil, August 2, 2024—Aramis Group announces the implementation of a share buyback program. This initiative follows the 11th and 16th resolutions of the General Meeting held on February 9, 2024.
The repurchased shares will primarily support the performance share allocation plans for key managers and employees. This is part of the value-sharing strategy defined during the company's IPO in 2021.
Currently, employees of Aramis Group hold 0.86% of the company's capital. This is the result of various employee shareholding plans initiated since the company's inception.
Kepler Cheuvreux has been mandated to purchase up to 700,000 shares, representing 0.84% of Aramis Group's capital. The buyback will commence on August 5, 2024, and span a period of 8 months.
Details of the share buyback program can be found in section 7.3.3 of the 2023 Universal Registration Document of Aramis Group. Updates on share transactions will be available on the Group's website.
R. P.
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