Rubis Announces Share Buyback Program
Rubis has decided to initiate a share buyback program starting November 18, 2025, following authorization from its Ordinary General Meeting.
Launch of the Buyback Program
Rubis' Management Board announced the initiation of a share buyback program, following the authorization granted at the Ordinary General Meeting on June 12, 2025. This program is in accordance with legal provisions and aims to limit the dilution of earnings per share (EPS) resulting from the issuance of shares to employees, including performance shares and stock options. The plan includes the cancellation of the repurchased shares.
Execution Details of the Program
According to Rubis' statement, an independent investment services provider has been appointed to execute this buyback program in compliance with European market abuse regulations. The buyback period will last from November 18, 2025, to no later than November 28, 2025. The maximum number of shares involved is 160,000, and the purchase price will not exceed €50 per share, excluding fees and commissions, for a total potential amount of €8 million.
Regulatory Framework
Rubis' buyback program is part of the European legislation, particularly Regulation (EU) No 596/2014 on market abuse and the delegated Regulation (EU) 2016/1052. These steps reflect the company's strategy to manage the impact of stock allocations to its employees while complying with current financial regulations.
