Linedata Services 2024 share buyback program

Neuilly-sur-Seine, June 11, 2024 – Linedata, publisher of global solutions and outsourcing services, announced the implementation of a share buyback program. This program was authorized by the General Assembly of the same day.

The Board of Directors approved this program, the objectives of which include the stimulation of the secondary market, the obligations linked to stock option programs, and the delivery of shares upon the exercise of rights attached to transferable securities. It also provides for a possible cancellation of the repurchased securities.

The maximum number of shares that can be repurchased is 495,016, which represents 10% of the share capital. The maximum amount of funds for this program is 45 million euros. The duration of the program is 18 months, until December 11, 2025.