Groupe Bruxelles Lambert (GB:0IN2) has released an update.
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Groupe Bruxelles Lambert (GBL) has reported purchasing a total of 84,251 of its own shares between September 16, 2024, and September 20, 2024, at an average price of €69.03, under its share repurchase program. As of September 20, GBL owns 11,224,938 shares, representing 8.1% of its outstanding capital, and has completed 36.0% of its seventh share repurchase program, which is part of a larger €500 million buy-back plan. The company has suspended its liquidity contract in favor of a ‘safe harbor’ arrangement for an indefinite period.
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