Teleperformance SE Reduces Share Capital by Cancelling Repurchased Shares

Paris, May 23, 2024 – The Board of Directors of Teleperformance SE has decided to cancel 3,000,000 treasury shares, representing 4.7% of the company's share capital. This decision follows the authorization granted by the combined shareholders’ meeting on April 13, 2023.

After this cancellation, the company now holds 880,891 of its own shares, or 1.5% of the share capital. The total share capital is now 51,107,635 euros, divided into 60,443,054 shares with 61,942,589 voting rights.

These 3,000,000 shares were repurchased on the market as a part of the share buyback program initiated on April 13, 2023. The details of this program are available on the company's website.

Daniel Julien, Chairman and co-CEO, stated that the repurchase and cancellation were due to the stock price not adequately reflecting the Group's strong cash flow generation, leading performance, and growth prospects.