Euronext N.V. commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on May 15, 2024.
June 09, 2024
Share
Euronext N.V. (ENXTPA:ENX) commences share repurchases on June 6, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 15, 2024. As per the mandate, the company is authorized to repurchase shares up to 10% of its issued share capital. The shares will be repurchased for a purchase price between the par value of the ordinary shares at the time of the purchase and the average closing price of the ordinary shares on Euronext Paris, Euronext Amsterdam, Euronext Brussels and Euronext Lisbon, during the five trading days preceding the day of purchase within a margin of 10% of that purchase price. The program will be valid for a period of 18 months.
On June 5, 2024, the company announced a share repurchase program. Under the program, the company will repurchase 100,000 of its own shares as part of its Long-Term Incentive plan. The program will be implemented from June 6, 2024 to June 21, 2024.
Euronext N.V. is a pan-European exchange group operating regulated markets in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. Euronext N.V. also operates non-regulated activities in 16 countries across the world. Euronext N.V. is listed in Paris, Amsterdam, Brussels and Lisbon since 2014.
Euronext N.V. is the leading listing and trading venue in Europe with EUR 6.6 trillion combined market capitalization at the end of 2023, close to 1,930 listed companies and the largest liquidity pool in Europe.
Euronext N.V. provides advanced market data services and a range of indices and index solutions, including the AEX, CAC40, BEL 20, ISEQ 20, PSI 20, and OBX, as well as a large set of ESG indices, such as CAC40 ESG or MIB ESG. Euronext N.V.'s proprietary trading platform, Optiq®, offers cutting-edge solutions to both trading and technology clients. Euronext N.V. offers clients innovative corporate and investors services. Euronext N.V. also operates Euronext FX in the United States and in Singapore and two spot FX matching engines in Tokyo and London.