Infotel: Proposed share buyback program

The company Infotel, listed on Eurolist of Euronext Paris, has revealed its share buyback program. Proposed to the Combined General Meeting of May 22, 2024, this program aims to buy back up to 10% of the share capital. The maximum amount allocated will be 83.2 million euros, with a unit purchase price not exceeding 120 euros per share.

The main objectives are the improvement of the liquidity of the stock, the preparation of potential external growth operations, the possible cancellation of shares and the allocation of shares to employees and corporate officers. The investment service provider responsible for this program is Gilbert Dupont (Societe Generale Group).

The program, lasting 18 months, will begin on May 22, 2024 and end on November 21, 2025. This description is also available on the AMF and Infotel websites, and can be obtained at the headquarters of the company in Paris.