Voyageurs du Monde Announces Share Buyback

Voyageurs du Monde SA (FR:ALVDM) has released an update.

Voyageurs du Monde SA has announced a public share buyback offer to acquire 866,666 of its own shares at a price of 150 euros per share, aiming to reduce its capital. The offer will be open for at least 20 calendar days following necessary regulatory approvals and publications. The company has also presented a three-year Business Plan forecasting average annual revenue growth of 4.3% by 2026 and anticipates an operating margin rate decrease in 2024.

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