on PATRIMOINE & COMMERCE (EPA:PAT)
HERITAGE & COMMERCE: Launch of a new share buyback program
On December 19, 2025, Patrimoine & Commerce launched a share buyback program, following authorization from the shareholders' meeting of June 12, 2025. This program includes the acquisition of 120,000 shares, representing approximately 0.76% of the share capital. The objective is twofold: cancellation of the shares and allocation under a free share plan.
The terms stipulate a maximum purchase price of €30 per share, with a total budget of approximately €47.9 million. The company has appointed Rothschild & Co Martin Maurel to execute these transactions, which will run until December 12, 2026. This program, complementing the one completed with Képler Chevreux, aims to increase liquidity and potentially support external growth operations.
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