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FDE Advances Share Buyback and Sets 2030 Goals
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FDE Advances Share Buyback and Sets 2030 Goals

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

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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.

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