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Voyageurs du Monde launches a public share buyback offer

Stock price chart of VOYAGEURS DU MONDE (EPA:ALVDM) showing fluctuations.

Voyageurs du Monde announced a public buyback offer for 866,666 of its own shares. This operation aims to reduce the capital of the company. The price of the offer is set at 150 euros per share, and the duration of the offer will be a minimum of 20 calendar days.

The Financial Markets Authority (AMF) approved the information note relating to this offer on June 25, 2024. The documents are available on the AMF and Voyageurs du Monde websites. Prior to the opening of the offer, notices of opening and timetable will be published by the AMF and Euronext.

The company's business plan forecasts average annual revenue growth of 4.3% until 2026, with an optimistic performance in 2024. The 2024 current operating margin rate is expected to be down 70 points from basis compared to 2023.

R. H.

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