Lagardère Outlines 2026-2027 Share Buyback Program

Lagardère SA has announced its share buyback program for 2026-2027, following approval from its General Meeting on 5 May 2026. The program aims to acquire up to 9.98% of the company's shares, equivalent to 14,261,910 shares, with a maximum allocation of EUR 500 million.

The buyback serves multiple objectives, including maintaining market liquidity, reducing share capital, and awarding shares to employees and corporate officers. The company may also use shares for employee savings schemes, profit-sharing, and to fulfill obligations attached to securities granting access to the company's share capital.

The program, allowing a maximum purchase price of EUR 40 per share, runs for 18 months, concluding on 5 November 2027. Transactions can occur on or off-market, ensuring compliance with legal and regulatory frameworks.