on QUADIENT (EPA:QDT)
Quadient launches €30 million share buyback program
Quadient (Euronext Paris: QDT) announces the launch of a share buyback program, with a maximum amount of €30 million. This initiative demonstrates the company's confidence in its strategic plan "Elevate to 2030" and aims to improve shareholder returns.
The program is part of a disciplined capital allocation policy, allocating resources to internal investments, external growth, maintaining a healthy balance sheet, and returning value to shareholders. Planned over 18 months, the transaction concerns up to 10% of the share capital. The repurchased shares are expected to be partially cancelled, with the exception of those dedicated to future incentive plans for employees and executives.
R. E.
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