on LAGARDERE (EPA:MMB)
Lagardère SA Conducts Comprehensive Share Distribution to Employees
Lagardère SA, a prominent media conglomerate based in Paris, executed a series of transactions involving the trading of its own shares between April 29, 2024, and May 3, 2024. The transactions were primarily aimed at the allocation of shares to employees, reflecting the company's practice of employee incentivization through share distribution.
The trading details reveal consistent transactions through the facilitation of BNP Paribas SA, occurring on April 29, 2024, with each transaction detailed by time and quantity. All trades were conducted at prices ranging from €20.10 to €20.30, evidencing a stable share price during the trading period. Each transaction listed specific quantities and was uniquely identified by reference numbers.
This move by Lagardère SA aligns with similar practices by corporations aimed at maintaining strong internal stakeholder relations by awarding equity to its workforce, potentially fostering further loyalty and productivity among employees.
R. P.
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