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GEVELOT S.A.
GEVELOT S.A.: CGM 2025 PRESS RELEASE IMPLEMENTATION OF A SHARES BUY BACK PROGRAM
12-Jun-2025 / 17:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
IMPLEMENTATION OF A SHARES BUYBACK PROGRAM
The Combined General Meeting of June 12, 2025 adopted the Eighth Resolution submitted to the General Meeting on this day, relating to the authorization and implementation of a share buyback program limited to 10% of the share capital (equivalent to 75,207 shares) for a maximum financial outlay of €18 million:
- Objectives: repurchase of shares for any purpose permitted under the applicable laws and regulations, including but not limited to enhancing market activity or liquidity of the Company’s shares, acquiring shares to hold and potentially use them later as payment or exchange in the context of external growth operations, or canceling the acquired shares by decision of the Board of Directors in accordance with the Extraordinary Ninth Resolution adopted by the Combined General Meeting of June 12, 2025.
- Validity of the buyback program: until December 12, 2026.
Euronext - Amf - www.gevelot-sa.fr (13 June 2024)
GEVELOT
Limited company capitalised at 26 322 590 euros
Head office : 6, boulevard Bineau 92300 LEVALLOIS-PERRET, France
562 088 542 R.C.S. NANTERRE
Regulatory filing PDF file
File: GEVELOT CGM 12 JUNE 2025 PRESS RELEASE implementation shares buy back program
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| Language: |
English |
| Company: |
GEVELOT S.A. |
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6 Boulevard Bineau |
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92300 LEVALLOIS-PERRET |
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France |
| Phone: |
+33 1 77 68 31 03 |
| Fax: |
+33 1 77 68 31 05 |
| E-mail: |
contact@gevelot-sa.fr |
| Internet: |
www.gevelot.fr |
| ISIN: |
FR0000033888 |
| Euronext Ticker: |
ALGEV |
| AMF Category: |
Share buyback / Disposal of own shares / Description of the buyback programme |
| EQS News ID: |
2154512 |
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| End of Announcement |
EQS News Service |
2154512 12-Jun-2025 CET/CEST
