Elis Announces Share Buybacks During Recent Trading Period
Overview of Share Buybacks
Elis has made a significant announcement regarding its share buyback activities. These operations were conducted between May 29 and May 30, focusing on enhancing shareholder value and supporting employee stock plans.
Details of the Share Buyback Program
The share buybacks were executed under the guidelines set by the buyback program, which was approved at the recent General Shareholders' Meeting. These transactions are essential not only for covering performance-based shares but also for supporting broader international employee shareholding initiatives.
Aggregated Transactions Summary
The following operations illustrate the aggregated purchases of shares during this period:
Transaction Data
The transactions include various elements such as the issuer name, transaction date, ISIN code, volume of shares purchased, and the weighted average price of shares acquired. Here’s a breakdown of the relevant details.
Detailed Summary of Activities
Here's how these transactions played out: Total shares bought reached 34,570, with an average price of 24.1029 euros. This demonstrates a robust approach to enhancing liquidity and ensuring that employees have access to ownership opportunities.
Strategic Intent Behind Share Purchases
The compelling purpose behind these purchases includes not just fulfilling commitments to existing performance share plans but also reinforcing the contribution to employee retention and satisfaction through share ownership programs.
Contact Information for Queries
For those interested in learning more about Elis's recent activities, you may contact:
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 is the purpose of Elis's share buybacks?
The share buybacks aim to fulfill commitments under performance share plans and support employee engagement by increasing share ownership.
How many shares were bought during this transaction period?
During the reported period, a total of 34,570 shares were purchased at an average price of 24.1029 euros.
Who can I contact for more information on the share buybacks?
Interested parties can reach out to Nicolas Buron or Charline Lefaucheux via the provided contact details for further inquiries.
What regulatory framework governs these share buybacks?
The share buybacks are subject to Regulation (EU) 2016/1052, ensuring compliance with market regulations.
How does this program benefit employees?
This program enhances employee satisfaction by allocating free shares and engaging them in the company's growth.
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