on SOCIETE GENERALE (EPA:GLE)
Societe Generale Advances Share Buyback Program
Societe Generale announced the progression of its share buyback program initiated on February 10, 2025. The program, amounting to EUR 872 million, aims for share cancellation. All necessary authorizations have been secured from supervisory authorities. The buybacks comply with the conditions set by the General Meeting of May 22, 2024, and adhere to the Market Abuse Regulation.
During the period from February 17 to 21, 2025, Societe Generale repurchased 2,634,674 shares, representing 23% of the program and 0.7% of its share capital. The transactions were executed across various trading platforms, including Euronext Paris. Notably, the company's liquidity contract with Rothschild was temporarily suspended during this period.
R. E.
Copyright © 2025 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 SOCIETE GENERALE news