Wallix Group SA (FR:ALLIX) has released an update.
WALLIX Group SA, a European cybersecurity firm, has announced a new share buyback program following authorization at their general meeting on June 6, 2024. The program allows for the purchase of up to 10% of the company’s capital, with a maximum buyback amount set at 32,728,150 euros and a buyback price cap at 50 euros per share. The program aims to enhance market liquidity, support employee incentive plans, enable external growth operations, and possibly cancel the acquired shares.
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