on LNA SANTE (EPA:LNA)
LNA SANTE: Description of the share buyback program
The company LNA Santé has detailed its share buyback program authorized by the Combined General Meeting of June 19, 2024. The capital, composed of 10,709,416 shares, includes 483,718 treasury shares, or 4.52% of the capital .
The objectives of this program are multiple. First, ensure the liquidity of the stock with 34,416 shares allocated. Second, have 147,250 shares for its managers and employees. Finally, 302,052 shares could be canceled.
The program allows the repurchase of up to 10% of the capital, or 1,070,941 shares, at a maximum price of 80 euros per share. The authorization is valid for eighteen months, until December 19, 2025.
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