on SELECTIRENTE (EPA:SELER)
Share Buyback Program by SELECTIRENTE for 2024-2025
The SELECTIRENTE share buyback program, authorized by the general meeting of May 31, 2024, began on October 1, 2024 under the direction of SELECTIRENTE Gestion. The main objective is to ensure liquidity and to stimulate the stock market.
The purposes of the program include the purchase of shares for future mergers, the granting of stock options to employees, and the cancellation of shares. SELECTIRENTE plans to acquire up to 10% of its capital, or 417,293 shares, at a maximum price of €120 per share.
With 9,079 shares held as of September 30, 2024, the program, lasting 12 months until September 30, 2025, is part of a strict regulatory framework, without recourse to derivative products.
R. E.
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