on INTER PARFUMS (EPA:ITP)
Interparfums Announces New Share Repurchase Program
Interparfums has outlined its new share repurchase program, authorized by the shareholders during the meeting on April 24, 2026. With no current derivative positions, the company holds 99,208 shares under a liquidity agreement. The primary aim is market-making and maintaining share liquidity.
The new program allows the purchase of shares for market-making, employee stock plans, and potential acquisitions. Moreover, it includes the possibility of canceling shares, adhering to AMF regulations. The cap is set at 2.5% of the share capital, amounting to up to 2,094,877 shares, with a maximum purchase price of €50 per share, totaling €104,743,850 without considering current holdings.
The program's duration is 18 months, ending on October 23, 2027. The Board has been granted comprehensive powers to execute the transactions under this initiative.
R. P.
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