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Damartex SA Announces Share Buyback Program

Damartex SA Announces Share Buyback Program

Damartex SA (FR:ALDAR) has released an update.

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Damartex SA has announced a share buyback program, which will be authorized at the upcoming general meeting on November 21, 2024. The program aims to repurchase up to 1.5% of the company’s share capital, with a maximum purchase price of 15 euros per share and a total program amount of 500,000 euros, to enhance market liquidity and support future corporate activities.

For further insights into FR:ALDAR stock, check out TipRanks’ Stock Analysis page.

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