LDLC.com: Share buyback program approved

The LDLC group, a public limited company with capital of 1,110,919.68 euros, has obtained authorization from its general meeting of September 27, 2024 to launch a share buyback program. This program complies with current European and French regulations.

The objectives of this program are multiple: to ensure the liquidity of the shares, to satisfy obligations related to employee stock options, to satisfy obligations of exchangeable debt securities, to retain the shares for merger transactions or to cancel the shares to reduce capital.

The buyback ceiling is set at 10% of the existing share capital for a maximum amount of 5,000,000 euros, with a unit price per share not exceeding 30 euros. This authorization is valid for 18 months, replacing that of the previous year.