Eramet Completes Share Buyback Program
Eramet is excited to announce the completion of its share buyback program, having acquired a total of 15,700 shares. This initiative is designed to enhance employee engagement through the allocation of bonus shares, contributing positively to our corporate governance and employee satisfaction.
Details of the Share Buyback Transaction
The share buyback program commenced on November 13, 2024, aiming to cover the free allocation of shares to employees and corporate officers. The recent purchase of shares has concluded this buyback initiative, marking a significant step in our commitment to maintaining a robust employee incentive structure.
Aggregated Daily Transactions
We conducted several transactions over the past week. For clarity, the detailed transactions that led to the acquisition of our own shares are as follows:
- Issuer Name: ERAMET
- Legal Entity Identifier: 549300LUH78PG2MP6N64
- Total Shares Purchased: 15,700
- Average Price: 54.27 per share
Market Impact and Average Prices
Throughout the duration of this program, shares were purchased at varying prices, reflecting market conditions. The highest transaction price recorded was 54.69 per share, showcasing the company’s resilience and commitment to enhancing shareholder value.
About Eramet and Its Commitment
Eramet is a vital player in the industry, transforming the Earth's mineral resources for sustainable growth. Our commitment is evident in our efforts to provide responsible solutions to the challenges faced by various sectors, especially during this energy transition era. We actively recover essential metals like manganese, nickel, and lithium, which are crucial for building a sustainable future.
Partnerships and Innovative Solutions
As a trusted partner to our industrial clients, Eramet contributes to the development of durable infrastructures and efficient modes of transport. Our aim is not only to facilitate growth in various sectors but also to support public health initiatives and improve telecommunications through innovative materials.
The Future of Eramet
Looking ahead, our ambition is to be recognized as a leader in the responsible transformation of mineral resources. We engage our employees in this vision, fostering a culture of accountability and community development wherever we operate.
Investor and Media Contact Information
If you have any inquiries, please reach out to our Investor Relations Director:
- Name: Sandrine Nourry-Dabi
- Phone: +33 1 45 38 37 02
- Email: sandrine.nourrydabi@eramet.com
For press inquiries, please contact:
- Name: Fanny Mounier
- Phone: +33 1 45 38 37 32
- Email: fanny.mounier@eramet.com
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program is intended to enhance employee benefits through the allocation of bonus shares, demonstrating our commitment to employee engagement.
How many shares did Eramet purchase?
Eramet purchased a total of 15,700 of its own shares during the buyback program.
What was the average price of the purchased shares?
The average price of the shares purchased during this program was 54.27 per share.
What types of metals does Eramet focus on?
Eramet focuses on essential metals such as manganese, nickel, mineral sands, and lithium to support sustainable development.
How can I contact Eramet for investor relations?
For investor relations inquiries, you can contact Sandrine Nourry-Dabi at +33 1 45 38 37 02 or via email at sandrine.nourrydabi@eramet.com.
