Wavestone: launch of a share buyback campaign

(CercleFinance.com) - Wavestone announces the launch of a share buyback program worth a maximum of 10 million euros, within the framework of the program authorized by the AGM of July 25 and initiated on the same day by its Board of Directors.


The program begins on January 2 and will run until March 31, 2025 at the latest. It concerns a maximum of 200,000 shares, to be purchased at a maximum price of 50 euros, and is the subject of a share buyback mandate entrusted to BNP Paribas Portzamparc.

The shares bought back will not be cancelled, but will be held for use in future free share allocation plans for the firm's employees and corporate officers, which are expected to be decided in the coming years.

As a reminder, in addition to purchases and sales carried out for the purposes of the company's liquidity contract, 118,032 shares have already been acquired under the July 25 share buyback program.

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