on EDENRED (EPA:EDEN)
Edenred Announces New Share Buyback Mandate
Edenred has secured a new share buyback agreement as part of its ongoing program. Initially announced on December 3, 2024, the program aims to repurchase shares worth up to €600 million by November 2027. The latest mandate involves a €50 million share buyback, effective from October 28, 2026, through December 31, 2026.
Since the program's inception, Edenred has acquired 18.9 million shares at a total cost of €550 million. The recent mandate could add approximately 2 million shares to this tally, representing 0.9% of the company's share capital, based on the closing price on October 28, 2026. All bought-back shares are slated for cancellation as per the March 8, 2024 announcement.
R. H.
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