Manitou: New Share Buyback Program Adopted

The Manitou Group obtained approval for its new ambitious share buyback program at the General Meeting of June 12, 2025. The objective is multiple: the implementation of stock option plans, the allocation of shares to employees, and financial operations such as the cancellation of shares or external growth.

A maximum budget of 100 million euros will be allocated, allowing the acquisition of up to 10% of the share capital, estimated at approximately 3,966,839 shares as of December 31, 2024. The maximum purchase price per share is set at 60 euros.

The program runs for 18 months, ending December 11, 2026, providing Manitou with the means to achieve its strategic objectives while ensuring the liquidity of its shares. The company informs its shareholders via press releases of any transaction that complies with applicable regulations.