Velcan Holdings completed a share buyback program, initiating a new program to purchase more shares.

From GlobeNewswire: 2025-01-13 02:35:00

Velcan Holdings recently completed a share buyback program, repurchasing 92,892 shares for a total of Euros 1,281,544 by the end of 2024. The Board of Directors has now initiated a new buyback program to purchase shares for cancellation or to cover new grants of free shares. This program allows for the acquisition of up to 300,000 shares, representing 5.56% of the current share capital, with a maximum allocation of Euros 4,500,000. The program is set to run until December 31, 2025, as authorized by the Shareholders’ General Meeting. No ongoing liquidity contract or use of derivative products is planned for this program.



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