Overview of Elis Share Buybacks
Elis SA has recently carried out a series of share buybacks, highlighting its commitment to returning value to shareholders and enhancing the company’s financial strategies. These repurchases were conducted under an authorized buyback program established during the latest General Shareholders' Meeting held earlier this year.
Details of the Share Buyback Operations
From August 18 to August 22, 2025, Elis actively repurchased its own shares according to the provisions of Regulation (EU) 2016/1052. The company has been meticulous in documenting each transaction, ensuring transparency and compliance with market regulations.
Aggregated Buyback Data
During the specified period, a total of 108,139 shares were bought back, averaging a price of 25.4600 euros per share. This strategic move is part of Elis’s broader approach to effectively manage its capital and offer substantial returns to its investors.
Daily Breakdown of Transactions
Each day of the buyback operations saw notable activity:
- August 18: 14,878 shares purchased at 25.4681 euros each.
- August 19: 16,975 shares acquired, with an average price of 25.5500 euros.
- August 20: 17,323 shares bought, priced at 25.5320 euros per share.
- August 21: 14,670 shares were repurchased at 25.3867 euros.
- August 22: The final transactions included 18,711 shares at 25.4725 euros.
Purpose and Future of Share Buybacks
The primary objective behind these share repurchase operations is twofold. Firstly, it aims to support the maturing performance share plans for employees, thereby fostering stronger ties between the workforce and the company’s performance. Secondly, the shares acquired may be canceled as per the resolutions passed in earlier meetings, effectively reducing outstanding shares and bolstering shareholder value.
Employee Shareholding Plan Initiatives
Elis is also keen on promoting employee ownership through its 'Elis for All 2025' international employee shareholding plan. This initiative aims to engage employees further and align their interests with long-term company growth, allowing them to partake in the overall success of Elis.
Investor Relations Contacts
For those seeking further information regarding the buyback program or general inquiries, the company has provided dedicated contacts.
Nicolas Buron
Director of Investor Relations, Financing & Treasury
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 was the purpose of the Elis share buybacks?
The buybacks aimed to cover maturing performance share plans and support the employee shareholding plan.
How many shares were repurchased by Elis?
A total of 108,139 shares were repurchased during the specified period.
What was the average price of shares bought back?
The average price of shares repurchased was 25.4600 euros.
Who can investors contact for more information?
Investors can contact Nicolas Buron or Charline Lefaucheux for details related to investor relations.
What is the significance of the employee shareholding plan?
The plan encourages employee ownership, aligning their interests with the company's growth and success.