Eurofins Scientific SE Launches Fifth Share Buy-Back Programme

Eurofins Scientific SE (EUFI.PA) has announced a new buy-back programme representing up to 4.5% of its share capital. This marks the fifth buy-back programme initiated by the company. The new initiative will commence on 20 March 2025 and is scheduled to last until 19 March 2026.

This programme's primary objective is to hedge Eurofins' Long-Term Incentive plans. Additionally, purchased shares may be canceled, used for acquisitions, or put to other approved usages. An independent financial services provider has been appointed to execute this plan, initially managing a tranche capped at 7,800,000 shares, equating to 4.04% of share capital.

The share buy-backs, both regulated market transactions and block purchases, are limited to ensure they do not exceed 50% of the average daily traded volume over the last 20 days. In the previous programme, 1.98% of the company's share capital was repurchased, totaling 3,830,000 shares.