sur Hi-Media (EPA:HIM)
AdUX: description of share buyback program
Paris, June 26, 2024: During the Ordinary and Extraordinary Annual General Meeting held today, AdUX revealed the details of its new share buyback program. This program complies with articles 241-1 and 241-2 of the General Regulations of the Financial Markets Authority, as well as Delegated Regulation (EU) 2016/1052.
As of May 31, 2024, AdUX held 53,092 own shares, representing 0.8% of its share capital. The program has several objectives, including ensuring the liquidity of shares, honoring share-related obligations for employees and managers, and facilitating external growth operations.
The number of shares that may be acquired may not exceed 10% of the total shares of the Company. The maximum price per share is set at 10 euros, and the overall amount allocated is 6,277,925 euros. The program, lasting 18 months, may include various transaction modalities, including via blocks or derivative mechanisms.
R. P.
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