La Francaise de l’Energie (FR:FDE) has released an update.
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La Française de l’Energie (FDE), a carbon-negative energy producer, has recently executed a share buyback, purchasing 3,751 of its shares between August 26 and August 30, 2024. The company has financed the transaction with available cash, assuring it does not impact its financial plans aimed at achieving significant annual revenues and EBITDA by 2030 while focusing on reducing carbon emissions. This strategic move underlines FDE’s ongoing commitment to growth and its FY 2030 financial and environmental objectives.
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