Edenred Increases Share Buyback Mandate by €39 Million

Edenred has announced an increase in its share buyback operation. Originally set at a maximum of €300 million, the mandate is now increased by €39 million. This adjustment follows the agreement with an investment services provider dated September 12, 2024. The total cumulated amount has reached €114 million.

The revised mandate remains valid until May 15, 2025, supporting the buyback plan's initial cap of €300 million. As of November 19, 2024, Edenred has acquired 6.8 million shares at a total expenditure of €261 million. Indicatively, the added €39 million corresponds to approximately 1.4 million shares, reflecting 0.56% of the company's share capital based on the November 18 closing price.

The company confirmed that the repurchased shares will be canceled, adhering to their initial announcement on March 8.