Elis Reports Recent Trading of Own Shares in July 2025
Overview of the Share Buyback Program
Elis, an established leader in the service and rental of professional textile, hygiene, and facility management solutions, recently reported its share buyback activities that were conducted from July 14 through July 18, 2025. These operations aim to manage outstanding shares while also supporting employee shareholding plans.
Details of Transactions
As part of the ongoing strategy to manage share capital, these repurchases were made under a program which aligns with the company’s long-term objectives and stakeholder interests. The authorization for this buyback was derived from the 24th resolution of the General Shareholders' Meeting held in May 2025. Throughout this period, a total of 111,716 shares were repurchased at an average price of 24.4057 euros.
Transaction Summary
The breakdown of these transactions showcases a structured approach to share management:
- On July 14, 2025, 18,394 shares were purchased at an average price of 24.5879 euros.
- On July 15, 2025, significant transactions included 17,143 shares at 24.5897 euros and an additional 12,064 shares at 24.5359 euros.
- July 16 saw a spike with 28,813 shares acquired at 24.3045 euros, indicating strong market activity.
- Subsequent purchases on July 17 and 18 further supported the objectives of the buyback.
Purpose Behind the Buyback
The key reasons driving these repurchase initiatives include fulfilling obligations under the company’s performance share plans and enhancing employee engagement through the Elis for All 2025 international employee shareholding plan. By allowing employees to participate in the ownership of the company, Elis aims to foster a deeper connection and commitment among its workforce.
Strategic Implications
Share buybacks are more than mere stock transactions; they communicate confidence in the company’s future and affirm value to existing shareholders. By executing a well-timed buyback, Elis aligns its capital planning with an optimistic outlook while simultaneously rewarding its dedicated team. This reflects an essential facet of Elis’s commitment to sustainable growth and profitability.
Contact Information for Investors
For more information, interested parties can reach out to:
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
Why did Elis decide to buy back its shares?
The company aims to enhance shareholder value, manage capital, and support employee ownership initiatives.
How many shares were repurchased during this period?
A total of 111,716 shares were repurchased from July 14 to July 18, 2025.
What is the average price at which the shares were bought back?
The average price for the repurchased shares was 24.4057 euros.
Who can investors contact for more information?
Investors can reach out to Nicolas Buron or Charline Lefaucheux through the provided contact details.
What benefits does the buyback program bring to employees?
The buyback program supports performance share plans, encouraging employee engagement and fostering a sense of ownership in the company.
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