Brief: Grenergy Launches Share Buy-Back Program For Up To 40 Mln Euros

Grenergy Renovables SA

08/01/2025 06:30

Jan 8 (Reuters) - Grenergy Renovables SA  GREG.MC :
    * SAID ON TUESDAY LAUNCHES SHARE BUY-BACK PROGRAM FOR UP TO
40
MILLION EUROS
    * PURPOSE TO REDUCE SHARE CAPITAL THROUGH REDEMPTION OF
TREASURY
SHARES WITH AIM OF REMUNERATING SHAREHOLDERS BY INCREASING
EARNINGS PER SHARE
    * PROGRAMME WILL COMMENCE ON JAN 8 AND WILL REMAIN IN FORCE
UNTIL
DEC 31
    * MAXIMUM NUMBER OF SHARES TO BE ACQUIRED WILL NOT EXCEED 2
MILLION SHARES

        
 Source text:  urn:newsml:reuters.com:*:nCNM57Pl1h
 Further company coverage:  GREG.MC 

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