Eurofins: 4th share buyback program
(CercleFinance.com) - Eurofins Scientific has announced its intention to launch a fourth share buyback program for a maximum amount representing up to 2% of its share capital, starting this Monday and running until December 22, 2026 at the latest.
The shares bought back will be used primarily to cover long-term compensation plans, but may also be cancelled, used to part-finance acquisitions or employed for other purposes authorized by the Board of Directors.
The bio-analysis services group has mandated an independent financial services provider to execute the first tranche of this program, due to end on January 30, 2025, with a maximum volume of 2.6 million shares or 1.35% of its capital.
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