EDENRED (FR:EDEN) has released an update.
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Edenred has announced a new share buyback mandate for a maximum of 75 million euros, valid until May 15, 2025, potentially extending to March 2027, and aimed at reducing the total buyback amount to 300 million euros. As part of its ongoing share buyback operation, the company has already repurchased 4.5 million shares for 186 million euros. Shares acquired under this mandate will be canceled, aligning with Edenred’s strategy announced earlier in March.
For further insights into FR:EDEN stock, check out TipRanks’ Stock Analysis page.
