OVH Groupe SAS (FR:OVH) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
OVHcloud, the European cloud services leader, has initiated a share buyback program, with plans to purchase its own shares up to a total of 10 million euros from July to December 2024. The buyback is intended for the delivery of free shares to employees and to support employee participation in the company’s growth through various savings plans. This initiative is part of OVHcloud’s long-term strategy to control its value chain and promote a sustainable, high-performance Cloud infrastructure.
For further insights into FR:OVH stock, check out TipRanks’ Stock Analysis page.
