on ORANGE (EPA:ORA)
Orange: Share buyback program without liquidity contract
Orange recently acquired 200,000 of its own shares as part of its 2024 share buyback program. This initiative aims to support the obligations associated with the multi-year variable compensation plans for senior executives and executive directors. These plans, conditioned by presence and performance criteria, seek to involve these managers in the success of the company's strategic plan.
The weighted average price of the shares was €9.7798, for a total amount of €1,955,960. Note that no purchases were made under a liquidity contract. The specifics of this program were detailed in Orange's 2023 Universal Registration Document.
R. E.
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