Groupe LDLC (FR:ALLDL) has released an update.
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Groupe LDLC announced a share buyback program after their general meeting on September 27, 2024, aiming to maintain share liquidity, satisfy obligations from share-based employee compensation, facilitate external growth transactions, and potentially reduce capital through share cancellation. The program allows the repurchase of up to 10% of share capital with a maximum investment of 5 million euros and a cap of 30 euros per share.
For further insights into FR:ALLDL stock, check out TipRanks’ Stock Analysis page.
