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EDENRED ( (FR:EDEN) ) has shared an announcement.
Edenred has extended its share buyback operation, initially announced in December, with a new mandate to repurchase shares worth up to 600 million euros by November 2027. This move, involving the repurchase and cancellation of shares, reflects Edenred’s effort to manage its capital effectively, with potential implications for its market positioning and shareholder value.
More about EDENRED
Edenred is a digital platform specializing in services and payments, operating in 45 countries and facilitating connections between 60 million users and 2 million partner merchants across nearly 1 million client companies. The company offers payment solutions for food, employee engagement, mobility, and professional payments, aiming to enhance well-being, company efficiency, local employment, and sustainable practices.
YTD Price Performance: -0.06%
Average Trading Volume: 249,217
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €7.56B
See more insights into EDEN stock on TipRanks’ Stock Analysis page.
