Implementation of the share buyback program
ESI Group, Rungis, France, (ISIN Code: FR0004110310, Symbol: ESI), announces that it has entrusted an investment services provider (ISP) with a mandate to purchase its own shares as part of the share buyback program authorized by the Combined Annual General Meeting of June 28, 2022.
Terms of the mandate
Under the agreed terms, ESI Group has given a mandate to an ISP to acquire for its own account a maximum volume of 30,000 ESI GROUP shares (ISIN code FR0004110310) over a period starting on 16 January 2023 and extending to 30 June 2023.
Treasury shares held at December 31, 2022
As of December 31, 2022, the company held 357 106 treasury shares representing 5.88% of the share capital.
The Group gives priority to allocating shares to cover employee stock ownership plans and possible external growth operations.