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FDE Advances Growth with Share Buyback and Eco Targets

FDE Advances Growth with Share Buyback and Eco Targets

La Francaise de l’Energie (FR:FDE) has released an update.

La Francaise de l’Energie (FDE), a negative carbon footprint energy producer, has purchased 350 of its own shares, now holding 3.64% of its capital, with the transaction funded by available cash. The company remains committed to its growth projects and has set ambitious 2030 targets, including generating over 175 million euros in turnover, an EBITDA of 85 million euros, and reducing CO2eq emissions by over 20 million tonnes annually.

For further insights into FR:FDE stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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