on Deezer (EPA:DEEZR)
Deezer Implements Share Buyback Program
Paris, 31 July 2024, 8:00am CEST – Deezer, the global music experiences platform listed on Euronext Paris, has announced the initiation of a share buyback program. This follows the approval of the 16th resolution at the Annual General Meeting of shareholders.
The program, approved for a maximum amount of €6 million until December 2025, involves a buyback agreement with an investment services provider. Initiating on 31 July 2024, the mandate covers a maximum of 300,000 shares and is valid until 31 August 2024, with a renewable option until 15 September 2024.
Shares repurchased under this program will fulfill obligations related to share purchase options, free share grants, company savings plans, or other share grants to employees and officers of Deezer or its affiliates.
This initiative is in line with the authorization from the General Meeting held on 13 June 2024 and complies with EU Regulation No. 596/2014 on market abuse, supplemented by Commission Delegated Regulation EU 2016/1052.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Deezer news