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GEVELOT SA Launches Share Buyback Initiative
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GEVELOT SA Launches Share Buyback Initiative

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

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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.

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