Witbe submits own share buyback program to the general meeting

Paris, June 25, 2024 – In accordance with European and French regulations, Witbe presents the details of its share buyback program. The ordinary general meeting of June 27, 2024 is called upon to authorize this program which will replace that of June 5, 2023.

The buyback program concerns ordinary shares listed on Euronext Growth Paris (ISIN: FR0013143872). The repurchase may reach 10% of the capital, with a maximum price of €25 per share and a total amount of €3,000,000. Redemptions can be carried out by various means, including the purchase of blocks and the use of financial derivative instruments.

The objectives include regulating prices, honoring obligations linked to stock options, hedging securities issuances, and participating in merger transactions. The duration of the program is set at 18 months, until December 27, 2025.