Euronext Launches a 250 Million Euro Share Buyback Program
Euronext announces the implementation of a share buyback program for a maximum amount of 250 million euros, aimed at reducing its share capital.
Details of the Buyback Program
Euronext has unveiled a share buyback program, capped at 250 million euros, according to the group's press release. The program, which will start on November 18, 2025, and end no later than March 31, 2026, aims to reduce the company's capital. The initiative plans to acquire about 2% of the ordinary shares, in accordance with the authorization given by the general meeting on May 15, 2025, allowing a buyback of up to 10%. The purchased shares will be cancelled.
Execution and Regulatory Compliance
The program will be executed on the Euronext Paris market. A non-discretionary agreement has been concluded with a financial intermediary to carry out these buybacks. This arrangement will comply with current regulations, including Market Abuse Regulation 596/2014 and Delegated Regulation (EU) 2016/1052. Euronext commits to providing regular updates on the progress of the program through its website.
Strategic Implications of the Buyback
According to Euronext, this buyback program reflects a proactive approach to capital allocation and demonstrates the management's confidence in the group's growth prospects. The maintenance of the group's credit rating and its financial flexibility to seize market opportunities are also highlighted, alongside its dividend policy, which sets a distribution ratio of 50% of the declared net result.
