Euronext often performs share buybacks. Find out all mandatory information about share buybacks.
As announced on 31 July 31 2015 Euronext has entered into a discretionary management agreement with a bank to repurchase Euronext shares within the limits of relevant laws and regulations (in particular EC Regulation 2273/2003) and the Euronext articles of association to cover Euronext’s outstanding obligations resulting from employee share plans for 2014 and 2015.
In August and September 2015 Euronext repurchased 317,195 shares as part of the first tranche of its share repurchase programme, which aims to hedge price risk arising from past employee share plans. The 317,195 shares were repurchased at an average price of €39.7321 per share for a total consideration of €12.6 million.
Euronext announced on 16 November 2015 that it repurchased 33,250 shares as part of the second phase of its repurchase programme announced on 5 October 2015. Euronext aims to repurchase 133,084 shares as part of this second tranche of its share repurchase programme to cover the LTI plan for 2015. This programme has been implemented by an independent agent who will repurchase a total of 133,084 ordinary shares of capital during the period commencing on 9 November 2015 and ending on 4 December 2015. All transactions are published here on a weekly basis.
Euronext announced on 13 September 2017 that it will repurchase 45,659 of its own shares as part of its 2017 Long term Incentive plan.
This repurchase programme has been implemented and directed by an independent agent from 14 September to 29 September 2017, at an average price of €51.0198.
This share repurchase programme was carried out within the scope of the 2017 Long-Term Incentive Plan, and was completed in compliance with the conditions of the authorisation granted by the General Meeting of Shareholders of Euronext on 19 May 2017.