STIF modifies its share buyback program

On December 18, 2024, STIF announced the modification of its share buyback program, approved by the Combined General Meeting of Shareholders on December 12, 2024. A significant increase in the maximum amount of funds allocated to this program was decided, rising to €50.8 million. The maximum price per share was also revised to €100.

This change is the result of the strong growth in STIF's business and the increase in its stock price since its listing on Euronext Growth Paris. The initial program, set up in July 2024, allowed for the repurchase of 10% of the share capital, up to a limit of €24 per share. The program's objectives include, in particular, optimizing cash management and stimulating the market.