Damartex announces a share buyback program

Damartex has presented the details of its share buyback program, as submitted to the Annual General Meeting scheduled for November 20, 2025. The program would allow the repurchase of up to 1.5% of the share capital, at a maximum price of €15 per share, for a total amount of €500,000. The buybacks could be carried out through various means, including the acquisition of blocks of shares, with the timing to be determined by the Board of Directors.

The objectives include stimulating liquidity in Damartex shares, holding shares for future mergers or acquisitions, and covering employee stock option plans. The program is scheduled to last 18 months, until May 19, 2027.