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Rubis launches share buyback program

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The Board of Management of Rubis has announced the launch of a share buyback program. This project was authorized at the Ordinary General Meeting of June 11, 2024. The shares repurchased will be cancelled to control the dilution caused by share issues intended for employees.

An independent investment services provider will supervise the execution in accordance with the European Market Abuse Regulation. The buyback will start on 7 October 2024 and will end no later than 29 November 2024. The programme provides for the purchase of up to 1,000,000 shares at a maximum price of €50 per share, totalling up to €50 million.

R. P.

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