on IMERYS (EPA:NK)
Imerys Implements Share Buyback Program
As part of its current share buyback program, Imerys announced it has entered into a share purchase mandate with an investment services provider. This follows the authorization from the Shareholders' Meeting held on May 14, 2024.
Under this mandate, the company will repurchase shares up to a maximum amount of 18 million euros. The purchase price will not exceed the limit set by the Annual General Meeting, and the program will conclude no later than October 31, 2024.
The purpose of this share buyback program is to cover bonus share allocation plans and other shareholding plans, including profit-sharing schemes. These allocations will be directed towards employees, former employees, and corporate officers of Imerys and affiliated companies, under the French Commercial Code.
R. P.
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