Schneider Electric's Recent Share Buyback Update

Schneider Electric, a global leader in industrial technology, announced the execution of its share buyback program in compliance with the authorization granted by its Annual General Meeting on May 23, 2024. This program adheres to the French Commercial Code and European Regulation on market abuse.

From December 2 to December 6, 2024, the company repurchased 67,910 shares, equivalent to approximately 0.01% of its share capital as of December 31, 2023. The total purchase cost amounted to 16,546,951 €. The primary aim of these buybacks is to fulfill obligations stemming from a long-term incentive plan for employees and corporate officers.

Further details regarding the transactions can be accessed on Schneider Electric's investor relations website.