SMCP: Share buyback mandates by founders

On March 4, 2025, SMCP founders Evelyne Chétrite, Judith Milgrom and Ilan Chétrite finalized share buyback mandates. These mandates were established with an investment services provider acting independently. The objective is to repurchase up to 675,000 SMCP shares, or 225,000 shares per founder, by December 31, 2025.

This initiative demonstrates the founders' commitment and trust in SMCP. The group is part of the accessible luxury market with its Parisian brands Sandro, Maje, Claudie Pierlot and Fursac. Present in 49 countries, SMCP continues to expand its global influence and strengthen its market position.