tiprankstipranks
Company Announcements

GEVELOT SA Launches Share Buyback Initiative

GEVELOT SA Launches Share Buyback Initiative

Gevelot SA (FR:ALGEV) has released an update.

GEVELOT SA has announced a share buyback program following a resolution from its Combined General Meeting, with the objective of repurchasing and cancelling up to 10% of its capital, equating to 75,207 shares, at a cost not to exceed €18 million. The program is valid until December 13, 2025.

For further insights into FR:ALGEV stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App