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
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