GBL Executes Share Buyback and Aims for Growth

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

Groupe Bruxelles Lambert (GBL) acquired 66,121 of its own shares between August 12 and August 16, 2024, as part of its share buyback programs, amounting to a total expenditure of €4,403,356. As of August 16, GBL holds 7.8% of its outstanding capital, representing 10,788,770 shares, while 30% of its seventh share buyback program has been executed. The company, with a net asset value of €15.8 billion, is committed to delivering meaningful growth and providing shareholders with an attractive return through asset value increase, dividends, and further share buybacks.

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