on FOUNTAINE PAJOT (EPA:ALFPC)
FOUNTAINE PAJOT launches a share buyback program
FOUNTAINE PAJOT has announced the launch of its share buyback program, authorized by the general meeting of February 20, 2025. This program is intended to strengthen the liquidity of the share and to allow the allocation of free shares or purchase options to its employees and managers.
With a maximum of 140,000 shares, representing 8.40% of its capital, the company is planning a ceiling price of €120 per share. The total cost of the program will not exceed €16.8 million.
The program will run for 18 months, ending July 20, 2026, under the auspices of an independent investment services provider to maintain market stability. A liquidity contract dating back to 2009 is managed by PORTZAMPARC SA.
R. E.
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