Rexel's Share Trading Disclosure: August 12 to August 16, 2024
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Rexel's Share Trading Disclosure for Mid-August 2024
DISCLOSURE OF TRADING IN OWN SHARES
In accordance with the authorization granted by the Shareholders' Meeting to trade in its own shares and pursuant to applicable law on share repurchases, Rexel has provided details of its buybacks from August 12 to August 16, 2024.
Summary of Share Trading Activities
The following details summarize Rexel's share transactions during the specified period:
1. Transactions Overview
Rexel executed multiple transactions, with a total buyback volume of 163,091 shares at an average purchase price of €22.10617.
2. Daily Buying Details
Below are details of individual transactions conducted by Rexel over the specified days:
- On August 12, 2024, Rexel purchased 2,040 shares at an average price of €21.96039.
- On August 12, 2024, another 26,100 shares were acquired at €21.92241.
- August 12 saw additional purchases including 2,600 shares at €21.98692 and 22,800 shares at €21.94601.
- On August 13, 2024, the company bought 3,000 shares for €21.92833.
- The trading continued with multiple acquisitions on August 14 and 15, detailing various transaction amounts and average prices.
- On August 16, 2024, Rexel added more shares, totaling significant volumes looking to stabilize its shareholder base.
3. Consolidated Trading Data
The total of 163,091 shares purchased reflects Rexel's ongoing strategy to enhance shareholder value through proactive management of its capital. The average buying price during this period was effectively managed to ensure cost efficiency.
Investor Information
For those interested in more detailed reports and information regarding Rexel's share buyback program, comprehensive data is available.
Rexel’s official website serves as a platform where investors can find extensive regulated information related to share repurchase activities. Information can be accessed through the appropriate sections on Rexel’s website.
Contact Information
For further inquiries or detailed discussions regarding Shareholder services, you may contact Rexel directly through the investor relations section of their website.
Frequently Asked Questions
1. What is the purpose of the share buyback performed by Rexel?
The share buyback initiative aims to enhance shareholder value and manage capital effectively, which is part of Rexel's strategic financial management.
2. How many shares did Rexel buy back during this period?
Rexel bought back a total of 163,091 shares from August 12 to August 16, 2024.
3. What was the average purchase price of the shares bought back?
The average purchase price for the shares bought back during this period was €22.10617.
4. Where can investors find more information about Rexel's share buyback program?
Investors can access detailed reports and information regarding Rexel's share buyback program on the company's official website under the investor relations section.
5. Why do companies like Rexel engage in share buybacks?
Companies engage in share buybacks to return capital to shareholders, increase earnings per share by reducing the number of shares outstanding, and to signal confidence in their financial health.
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