La Francaise de l’Energie (FR:FDE) has released an update.
La Francaise de l’Energie (FDE), a negative carbon footprint energy producer, has repurchased 3,075 of its shares as part of its ongoing share buyback program, now holding 3.63% of its capital. The buyback, financed by available cash, supports the company’s financial strategies without compromising its growth projects. FDE aims for a turnover of over 175 million euros and an EBITDA of 85 million euros by 2030, while reducing CO2eq emissions by more than 20 million tonnes annually.
For further insights into FR:FDE stock, check out TipRanks’ Stock Analysis page.
