Recent Share Buyback Program by Ion Beam Applications SA
Understanding Ion Beam Applications SA's Share Buyback Program
Ion Beam Applications SA (IBA), a prominent leader in particle accelerator technology, is making headlines with its latest share buyback initiative designed to foster greater shareholder value and fulfill its commitments under incentive schemes for its management and personnel. Announced officially, this program allows IBA to repurchase a significant number of ordinary shares, showcasing its robust commitment to its shareholders.
The Core Details of the Buyback Initiative
Effective from March 25, 2025, IBA has entered into an agreement with a financial intermediary to repurchase up to 650,000 of its ordinary shares. The program is structured to last until December 31, 2025, aligning with the company’s long-term goal of enhancing shareholder equity.
Recent Activity in the Share Buyback
As part of this ongoing program, IBA has successfully repurchased a total of 11,056 shares during the period from May 6, 2025, to May 12, 2025. The transactions took place on Euronext Brussels with the following details:
- **Trade Date:** 06-05-25, **Shares Purchased:** 397, **Average Price:** 11.18 €
- **Trade Date:** 07-05-25, **Shares Purchased:** 5,000, **Average Price:** 11.20 €
- **Trade Date:** 08-05-25, **Shares Purchased:** 4,000, **Average Price:** 11.12 €
- **Trade Date:** 09-05-25, **Shares Purchased:** 1,659, **Average Price:** 11.25 €
- **Total Buyback Amount:** 123,582.64 €
The company continues to demonstrate its commitment to shareholder value through strategic buying, reflecting an average purchase price that supports long-term growth and stability.
The Treasury Shares Landscape
This strategic buyback brings IBA's total treasury shares to 556,349, indicating a solid position that strengthens investor confidence. The full scope of treasury shares, including those held directly by IBA and through its subsidiary IBA Investments SRL, illustrates a proactive approach in managing shareholder resources and rights.
Current Treasury Shares Situation
As the buyback unfolds, IBA’s distribution of treasury shares stands as follows:
- **Treasury Shares from IBA Investments SRL:** 51,973 shares with 103,946 voting rights.
- **Treasury Shares from IBA SA:** 869,928 shares with 936,351 voting rights.
- **Total - Treasury Shares:** 921,901 shares representing 3.04% of the total issued share capital, which stands at 30,282,218 shares.
This significant management of treasury shares not only influences market perceptions but also consolidates IBA's operational integrity.
About Ion Beam Applications SA
Founded in Louvain-la-Neuve, Belgium, IBA stands as a global leader in particle accelerator technology, specializing in areas like proton therapy, an advanced treatment in cancer radiation. The company also has a significant presence in industrial sterilization and radiopharmaceuticals. With a workforce of around 2,100 employees, IBA prides itself on having achieved B Corporation certification, meeting the highest standards of social and environmental performance. IBA is listed on the pan-European stock exchange EURONEXT under the ticker symbol IBAB, reflecting its established credibility in the market.
For further inquiries or additional details, please reach out to:
Contact Information
IBA Contact:
Thomas Pevenage
Investor Relations
investorrelations@iba-group.com
Frequently Asked Questions
What is the purpose of IBA's share buyback program?
The share buyback program aims to enhance shareholder value and fulfill the company's long-term incentive obligations.
How many shares has IBA repurchased recently?
Recently, IBA repurchased a total of 11,056 shares between May 6 and May 12, 2025.
What percentage of shares are currently held as treasury shares?
Currently, treasury shares represent 3.04% of the total issued share capital of IBA.
Where is IBA headquartered?
IBA is headquartered in Louvain-la-Neuve, Belgium.
Is IBA a certified company for social and environmental performance?
Yes, IBA is a certified B Corporation meeting high standards of verified social and environmental performance.
About The Author
Contact Thomas Cooper privately here. Or send an email with ATTN: Thomas Cooper as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.