Share Buyback Program
The Group initiated its share buyback program on January 9, 2025, covering the acquisition of a maximum of 1,250,000 SPIE shares. The objective of this program was to partially offset the dilutive effects of the employee shareholding plan and the Group’s long-term incentive plan. These shares will soon be canceled.
SPIE has entrusted an investment services provider with a mandate for the acquisition of a maximum of 1,250,000 SPIE shares, over a period extending from January 9, 2025, to February 28, 2025.
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Between January 13, 2025, and February 3, 2025, the Group repurchased the number of shares mentioned above. This share buyback program was implemented under the authorization granted by the General Meeting of Shareholders on May 3, 2024, in accordance with its 10th resolution. The purchase price did not exceed the maximum price set by the said General Meeting. The description of the share buyback program can be found in section 6.4.3 of SPIE’s 2023 Universal Registration Document.
Information regarding transactions carried out on SPIE shares as part of the implementation of the share buyback program is provided below: