BRIEF

on WALLIX (EPA:ALLIX)

WALLIX: Description of the 2024 Share Buyback Program

Stock price chart of WALLIX (EPA:ALLIX) showing fluctuations.

Paris, June 6, 2024 - WALLIX (Euronext ALLIX), publisher of cybersecurity software, announces the description of its share buyback program authorized by the General Meeting of June 6, 2024. This program aims to buy back up to 10 % of the company's capital.

As of June 3, 2024, WALLIX held 84,190 own shares, representing 1.29% of its capital. The program authorizes the repurchase of 570,373 additional shares, or 8.71% of the capital, with a maximum purchase price per share of 50 euros. The total amount of the program is limited to 32,728,150 euros.

Redemptions may be carried out by any means, including block transactions of securities. The program has several objectives: stimulation of the secondary market, coverage of stock option plans, retention of shares for external growth operations, and possible cancellation of repurchased shares subject to authorization by the General Meeting. .

The duration of the program is 18 months, until December 6, 2025.

R. H.

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 WALLIX news