Groupe Bruxelles Lambert (GB:0IN2) has released an update.
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Between August 5 and 9, 2024, Groupe Bruxelles Lambert (GBL) bought 120,914 of its own shares under a repurchase program, amounting to a total expenditure of approximately €7.93 million. As of August 9, GBL owns 7.7% of its outstanding capital, equating to 10,722,649 shares, and has executed 29.1% of its seventh share repurchase program. The company has suspended its liquidity contract with an independent financial institution as it utilizes a €500 million ‘safe harbour’ provision for share repurchases.
For further insights into GB:0IN2 stock, check out TipRanks’ Stock Analysis page.
