Aramis Group Announces Share Transactions
Aramis Group has bought back a portion of its own shares to support shareholder value and signal confidence to the market. These purchases follow the authorizations granted by the General Assembly earlier this year and cover a defined period, with the goal of reinforcing the company’s market position.
Overview of the Share Purchases
Between September 2 and September 6, 2024, Aramis Group acquired a total of 6,657 shares. This operation is consistent with the objectives approved by shareholders. The company’s securities can be tracked under the ticker FR0014003U94, so investors can follow trading and volume more easily.
Transaction Details
Below is a clear summary of the transactions carried out during that week:
On September 3, Aramis Group purchased 6,150 shares at an average price of €5.1654 on the XPAR market. On September 4, the group acquired a further 507 shares at an average price of €5.1921. Together, these purchases total 6,657 shares and reflect the company’s intent to keep liquidity healthy while managing capital with discipline.
Why These Buybacks Matter
Share repurchases typically indicate a company’s confidence in its prospects. By reducing the number of shares outstanding, buybacks can, over time, lift earnings per share and align capital allocation with long-term value creation. Aramis Group’s actions are in line with that approach and with the framework approved by its shareholders.
Market Context and Outlook
Aramis Group has a solid presence in the European online used car market, operating across six countries with a model focused on refurbishing vehicles and supporting the circular economy. For the current fiscal year, revenues are expected to reach—or possibly surpass—€2 billion. Sales projections also indicate the company may sell more than 110,000 vehicles directly to consumers, pointing to sustained demand.
About Aramis Group
Founded in 2001, Aramis Group is a B2C specialist in online used car sales. The company combines e-commerce know-how with industrial-scale vehicle refurbishment, employing over 2,500 people and operating eight refurbishing centers across Europe. Its websites attract more than 70 million visits per year, supporting continued growth in its core markets.
Investor Contacts
For questions about these transactions or broader financial topics, please contact Alexandre Leroy, Head of Investor Relations and Financing and Cash Management:
Email: alexandre.leroy@aramis.group
Phone: +33 (0)6 58 80 50 24
Frequently Asked Questions
What did Aramis Group announce?
Aramis Group disclosed recent buybacks of its own shares, carried out under the authorization granted by the General Assembly, as part of its long-term capital allocation strategy.
When did the purchases take place?
The transactions were executed between September 2 and September 6, 2024.
How many shares were bought, and at what prices?
In total, 6,657 shares were purchased: 6,150 shares on September 3 at an average price of €5.1654, and 507 shares on September 4 at an average price of €5.1921.
Why conduct share buybacks?
Buybacks can reduce the number of shares outstanding, which may improve earnings per share over time and signal confidence in the company’s outlook—while also supporting liquidity in the stock.
Who can I contact for more information?
Investors can reach Alexandre Leroy by email at alexandre.leroy@aramis.group or by phone at +33 (0)6 58 80 50 24.
