Edenred: extension of share buyback program
(CercleFinance.com) - Ahead of its Investor Day, Edenred announces the extension of its share buyback program to an amount of up to 600 million euros (instead of 300 million) over the next three years, with the aim of cancelling the shares bought back.
Claiming the successful implementation of its Beyond22-25 strategic plan, with the surpassing of medium-term financial targets, the payment solutions group asserts that it enters the 2025 financial year in a significantly stronger position.
Edenred therefore confirms its EBITDA growth target of at least 10% on a like-for-like basis in 2025, and renews its ambition to achieve total revenues of over five billion euros in 2030.
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