Linedata Initiates New Share Buyback Program

Linedata Services (FR:LIN) has released an update.

Linedata Services has announced the implementation of a share buyback program, authorized by its General Meeting, with the aim of enhancing market liquidity, fulfilling obligations related to employee share allocations, and potentially canceling shares. The program involves up to 10% of the share capital, amounting to 495,016 shares, with a maximum budget of 45 million euros. It will be in effect for 18 months until December 11, 2025.

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