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Elis Announces Recent Share Buyback Activity Details

Elis Announces Recent Share Buyback Activity Details

Elis Share Transactions from July 7 to July 11

In compliance with the EU regulations on share repurchases, Elis has disclosed its recent trading activity conducted from July 7 to July 11.

Overview of Share Buyback Program

Elis has initiated its share buyback program, as per the 24th resolution approved during the General Shareholders' Meeting. This includes a commitment to sustain employee ownership through various share allocation plans and to support ongoing performance initiatives.

Why Buyback Shares?

This strategic move aims to cover maturing performance share plans and allocate shares to employees, promoting engagement and ownership. In addition, shares acquired will be canceled in accordance with the 26th resolution from the recent Combined General Meeting.

Detailed Share Transactions

The following table summarizes the shares bought back by Elis during the specified period. Accurate details provided build transparency and inform stakeholders about the execution of this buyback program.

Aggregated Presentation

Issuer Name Issuer Code (LEI) Transaction Date ISIN Code Daily Volume (Shares) Weighted Average Price (Euros) Platform (MIC Code)
ELIS SA 969500UX71LCE8MAY492 07/07 FR0012435121 16,194 24.4133 XPAR
ELIS SA 969500UX71LCE8MAY492 07/07 FR0012435121 2,529 24.3892 DXE
ELIS SA 969500UX71LCE8MAY492 07/08 FR0012435121 10,052 24.4569 XPAR
ELIS SA 969500UX71LCE8MAY492 07/09 FR0012435121 808 24.6450 XPAR
ELIS SA 969500UX71LCE8MAY492 07/10 FR0012435121 22,222 24.5887 XPAR
ELIS SA 969500UX71LCE8MAY492 07/11 FR0012435121 11,706 24.5472 DXE
Total 91,458 24.5537

Strategic Importance of Share Buybacks

The decision to initiate share buybacks underscores Elis's commitment to enhancing shareholder value, furthering their goal of fostering a workforce committed to shared successes. By offering shares to employees, the company strengthens their relationship and drives long-term engagement.

Contact Information for Inquiries

Nicolas Buron
Director of Investor Relations
Phone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com

Charline Lefaucheux
Investor Relations
Phone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com

Frequently Asked Questions

What is the purpose of Elis's share buyback program?

The program aims to cover performance share plans and promote employee ownership.

How many shares were bought back in this period?

A total of 91,458 shares were purchased during the specified period.

What is the average price paid for the shares?

The weighted average price of shares acquired was 24.5537 euros.

Who can I contact for more information about the buyback program?

Nicolas Buron and Charline Lefaucheux are available for inquiries on investor relations.

What does it mean for employees?

The share buyback increases the shares available for employee performance plans, aligning their interests with the company's goals.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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