on SCHNEIDER ELECTRIC (EPA:SU)
Schneider Electric Conducts Weekly Share Buyback
On December 16th, 2024, Schneider Electric announced a recent activity in its share buyback program. This program was sanctioned during the Annual General Meeting on May 23, 2024. Under the framework authorized by Article L. 22-10-62 of the French Commercial Code, Schneider Electric repurchased 98,840 shares. These shares represent approximately 0.02% of the company's share capital as of December 31st, 2023.
The total purchase worth amounted to €23,272,930, conducted between December 10th and 13th, 2024. The principal aim of these buybacks is to fulfill obligations linked to long-term incentive plans offered to employees and corporate executives.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all SCHNEIDER ELECTRIC news