on STIF (EPA:ALSTI)
STIF Begins a Share Buyback Program
On May 22, 2025, STIF, a specialist in explosion protection, received authorization from its General Meeting to initiate a share buyback program. This program, implemented by the Board of Directors, aims to repurchase up to 10% of the company's share capital. The maximum price per share is set at €100, for a total amount capped at €51,354,550.
A description of this program is available in the company's 2024 annual financial report, available on its website. The next financial meeting is scheduled for July 22, 2025, with the announcement of revenue for the first half of 2025.
Founded in 1984, STIF has diversified into explosion protection, aiming to become a leader in the renewable energy market.
R. E.
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