on ORANGE (EPA:ORA)
Orange Executes Share Buyback Transactions
Orange has announced the purchase of its own shares as part of its 2024 share buyback program. These acquisitions aim to meet obligations related to long-term incentive plans for corporate officers and senior employees. These plans are conditional on presence and performance, designed to involve key managers in the company’s strategic plan.
The transactions, all of which occurred on June 21, 2024, amount to a total of 864,284 shares purchased at a daily weighted average price of €9.5873 per share, totaling €8,286,149.99. None of the shares were bought under a share liquidity contract. Detailed information on these transactions is available on Orange’s website.
Orange's share buyback program was authorized by the Shareholders' General Meeting on May 22, 2024. The initiative was set into action at the Board of Directors meeting held on the same day. The program’s specifics are outlined in the 2023 universal registration document.
R. H.
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