Groupe Bruxelles Lambert (GB:0IN2) has released an update.
Groupe Bruxelles Lambert (GBL) reported purchasing 115,965 of its own shares between September 9 and September 13, 2024, at an average price of EUR 68.40, totaling EUR 7,931,768, as part of its share buyback program. As of September 13, GBL owns 8.0% of its outstanding capital, equivalent to 11,140,687 shares, and has completed 34.8% of its seventh buyback program, with a total envelope of 500 million euros. The company aims to drive meaningful growth and shareholder value through asset diversification, sustainable dividends, and share buybacks.
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