from EDENRED (EPA:EDEN)
Share buyback mandate
Press release
January 17, 2025
Share buyback mandate
As part of the extension of its share buyback operation announced on December 3, for a total amount of up to €600 million until November 2027, Edenred announces it has entered into a new share buyback agreement with an investment services provider (ISP) on January 17, 2025.
This mandate, for an initial total maximum amount of €50 million, will run until May 15, 2025, with the intention of extending it until November 30, 2027[1] for an amount corresponding to €300 million less the amount actually bought back under the terms of this mandate.
As of January 17, 2025, 8.1 million shares were purchased as part of this operation for a total consideration of €300 million.
On an indicative basis, €50 million would correspond to a total volume of 1.6 million shares (i.e.,
0.66% of the share capital), at the closing price on January 17.
Any shares bought back will be canceled, as announced on March 8.
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About Edenred
Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 60 million users and more than 2 million partner merchants in 45 countries via close to 1 million corporate clients.
Edenred offers specific-purpose payment solutions for food (such as meal benefits), engagement (such as gift cards and engagement platforms), mobility (such as multi-energy solutions, including EV charging, maintenance, toll and parking) and corporate payments (such as virtual cards).
True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and sustainable mobility.
Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.
In 2023, thanks to its global technology assets, the Group managed €41 billion in business volume, primarily carried out via mobile applications, online platforms and cards.
Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40, CAC 40 ESG, CAC Large 60, Euronext 100, Euronext Tech Leaders, FTSE4Good and MSCI Europe.
The logos and other trademarks mentioned and featured in this press release are registered trademarks of Edenred S.E., its subsidiaries or third parties. They may not be used for commercial purposes without prior written consent from their
owners.
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CONTACTS
Communications Department
Emmanuelle Châtelain
+33 (0)1 86 67 24 36 emmanuelle.chatelain@edenred.com
Media Relations
Matthieu Santalucia +33 (0)1 86 67 22 63 matthieu.santalucia@edenred.com
Investor Relations
Cédric Appert
+33 (0)1 86 67 24 99 cedric.appert@edenred.com
Individual Shareholder Relations
Lucie Morlot
(Toll-free number from France): 0 805 652 662 relations.actionnaires@edenred.com
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