GBL Executes Share Buyback and Strengthens Holdings
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GBL Executes Share Buyback and Strengthens Holdings

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

Groupe Bruxelles Lambert (GBL) has purchased a total of 112,770 of its own shares between October 7, 2024, and October 11, 2024, spending EUR 7,754,473, as part of its share buyback program. As of October 11, GBL holds 8.4% of its outstanding capital, amounting to 11,587,639 shares, with 41.0% of its seventh buyback program completed. This move comes as part of GBL’s strategy to deliver meaningful growth and offer shareholders an attractive return through net asset value per share growth, a sustainable dividend, and share buybacks.

For further insights into GB:0IN2 stock, check out TipRanks’ Stock Analysis page.

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