Euronext completes €200 million share repurchase programme
Latest news
Euronext completes €200 million share repurchase programme 04 January 2024Europe Reporter: Sophie Downes
Image: Haider
Euronext, the pan-European market infrastructure, has completed the share repurchase programme announced on 27 July 2023.
With the intention of reducing Euronext’s share capital, the firm had aimed to repurchase approximately 3.0 per cent of its ordinary shares to a limit of 10 per cent.
Euronext records show that between 31 July 2023 and 3 January 2024, 2,870,787 shares were repurchased at an average price of €69.67 per share.
This amounts to approximately 2.7 per cent of Euronext’s share capital.
The repurchase programme was executed by a financial intermediary in compliance with regulations, including a maximum allocated amount of €200 million.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Haider 