on EDENRED (EPA:EDEN)
Edenred Decreases Share Capital by Cancelling Treasury Shares
On October 10, 2024, Edenred SE's Board of Directors approved a share capital decrease by cancelling 1,075,011 treasury shares. This decision, authorized during the General Meeting on May 7, 2024, involves shares representing 0.44% of the company's capital. These shares were repurchased as part of a buyback program announced on March 8, 2024, and executed between September 12 and October 10, 2024.
The cancellation results in Edenred's share capital now totaling 488,021,172 euros, divided into 244,010,586 shares, each with a nominal value of €2. This strategic move is part of Edenred's broader capital management initiatives to enhance shareholder value and optimize its capital structure.
R. H.
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