Aramis Group Declares Transactions on Own Shares
Aramis Group, a leading name in the online used car sales market, has made a declaration regarding its transactions on its own shares. This announcement comes within the framework of the authorizations granted by the General Assembly to operate on its shares. The transactions detailed herein reflect the company's commitment to maintaining transparency with its investors and stakeholders.
Details of Share Transactions
During the period from August 19 to August 23, 2024, Aramis Group conducted several share buybacks in accordance with the regulations pertaining to such transactions. The following summary underscores the total volume of shares involved:
Transaction Summary
Throughout this timeframe, Aramis Group executed a total of 4,775 shares at a daily weighted average purchase price of €5.1982. This activity reflects the company's ongoing strategic initiatives aimed at enhancing shareholder value.
Company Overview
Founded in 2001, Aramis Group has solidified its position as a European leader in B2C online used car sales, operating across multiple countries. The Group has garnered over 70 million visitors annually on its digital platforms while maintaining an employee base of over 2,500 people. With its innovative approach towards car refurbishing and commitment to sustainable mobility, the company has transformed the automotive market for more than two decades.
Financial Performance
Aramis Group reported full-year revenues of approximately €2 billion and is projected to sell more than 110,000 vehicles directly to consumers within the current fiscal year. Its robust business model combines advanced digital technology and a strong emphasis on customer satisfaction.
Commitment to Shareholders
By engaging in share buyback schemes, Aramis Group demonstrates its dedication to maximizing shareholder returns and upholding the confidence of its investors. The management remains committed to executing strategies that foster sustainable growth and enhance the company's market performance.
Investor Relations Contact
Investors seeking further information about the company and its operations can contact Alexandre Leroy, Head of Investor Relations at Aramis Group. The contact details are as follows:
Alexandre Leroy
Head of Investor Relations
Financing and Cash Management
Email: alexandre.leroy@aramis.group
Phone: +33 (0)6 58 80 50 24
Frequently Asked Questions
What is Aramis Group's main business focus?
Aramis Group specializes in B2C online used car sales, operating in various European countries.
What were the total shares bought back by Aramis Group?
During the specified period, Aramis Group bought back a total of 4,775 shares.
Where can I find more information about Aramis Group?
More information can be found on the official Aramis Group website.
What is the financial performance of Aramis Group?
The company reported full-year revenues of €2 billion and projects to sell over 110,000 vehicles this fiscal year.
Who should I contact for investor relations inquiries?
For inquiries, you can reach Alexandre Leroy via email at alexandre.leroy@aramis.group or by phone at +33 (0)6 58 80 50 24.
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