on FRANCAISE ENERGIE (EPA:FDE)
FDE buys back shares through its share buyback program
Pontpierre, France, August 20, 2024 – FDE, a carbon-negative energy producer, repurchased 3,074 of its shares from August 12 to 16, 2024.
This repurchase is part of the program authorized by the General Meeting of Shareholders on November 30, 2023.
The shares were acquired at an average price of 28.8 euros, on the EUCC, XPAR, AQEU, and GSEI markets. Following this transaction, FDE holds 3.41% of its capital.
Financed from available cash, this transaction does not affect FDE's financial capacity, which is pursuing its growth projects. FDE is targeting a turnover of 175 million euros and an EBITDA of 85 million euros by 2030.
The 2024 annual results will be announced on October 23, 2024.
R. E.
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