Cie du Bois Sauvage Implements Share Buyback Program

Compagnie du Bois Sauvage has conducted a share buyback operation from March 11, 2024, to March 15, 2024, acting under the authorization granted by the extraordinary general meeting held on April 28, 2021. This strategic move involved the acquisition of 1,396 own shares over the course of the week, encompassing transactions executed on the NYSE Euronext Market Brussels.

The transaction details reveal daily purchase activities, with a total expenditure of €350,993. Across the week, the average price of the acquired shares stood at €251.4277. The buyback commenced on March 11 with 246 shares purchased at an average price of €252.0163, reaching its peak on March 12 with 321 shares bought at €255.0031. The operation concluded on March 15, capturing 192 shares at an average price of €250.0052.

This activity forms part of a broader ongoing share buyback initiative by Compagnie du Bois Sauvage, which commenced on October 2, 2023. As of March 15, 2024, the company has acquired a total of 12,663 shares, representing 0.8% of its total shares, for a combined investment of €3,375,242. This financial maneuver aims to enhance shareholder value, demonstrating the company’s commitment to effectively deploying its capital.