on SCBSM (EPA:CBSM)
SCBSM Share Buyback Program: New Extension
SCBSM, the real estate company listed on Euronext Paris, announced on November 5, 2024 an extension of its share repurchase agreement. This decision is in line with the share repurchase program approved in December 2023 by the General Meeting.
The agreement aims at the acquisition of 200,000 shares, each share being repurchased at a maximum price of 10 euros. The objective of this program is multiple, including the implementation of stock option plans, the free allocation of shares and the animation of the secondary market.
The authorization granted allows SCBSM to acquire a maximum of 10% of its share capital, with a maximum purchase price set at 18.02 euros per share. This authorization is valid for 18 months from December 2023.
R. P.
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