Riber launches its share buyback program

On October 30, 2024, RIBER, a leading company in molecular beam epitaxy equipment, announced the implementation of its share buyback program. Authorized by the combined general meeting of June 19, 2024, this program will end in December 2025. Riber currently holds 208,091 shares, representing 0.98% of its capital.

The objectives of the buyback include reducing capital, allocating shares to employees, stimulating the market, retaining shares for mergers or exchanges, and satisfying obligations arising from debt securities. The program allows Riber to buy back up to 10% of its capital, or a ceiling of €3 million.

The purchases will be made through various means, including the use of derivative financial instruments. The purchase price per share is set at a maximum of 10 euros. Riber has appointed a service provider to ensure compliance with the regulations.