on RUBIS (EPA:RUI)
RUBIS launches a share buyback program
RUBIS, by decision of its Management Board, is initiating a share buyback program. This program was authorized at the General Meeting of June 11, 2024, in accordance with the 22nd resolution. The full description is available in the 2023 Universal Registration Document on the company's website.
The repurchased shares will be reserved for shareholding operations intended for employees and managers, in particular via a Company Savings Plan. An independent service provider will ensure compliance with European regulations on market abuse.
The buyback program will run from January 21 to February 11, 2025. RUBIS plans to acquire up to 400,000 shares, setting the maximum purchase price at €50 per share, representing a total potential investment of €20 million.
R. E.
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