GBL Buys Back Shares for Long-Term Value Growth

Groupe Bruxelles Lambert (GB:0IN2) has released an update.

Between September 30 and October 4, 2024, Groupe Bruxelles Lambert (GBL) purchased 134,774 of its own shares at an average price of 69.48 EUR, totaling 9,364,673 EUR, under a discretionary mandate as part of its share repurchase program. GBL now holds 8.3% of its outstanding shares, with 39.5% of the current repurchase program completed. The company has a long-standing market presence with a focus on long-term value creation and ESG factors, aiming to provide shareholders with attractive returns through asset growth, dividends, and share buybacks.

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