Derichebourg (FR:DBG) has released an update.
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Derichebourg has initiated a share buyback program, authorizing the purchase of up to 1,593,974 shares, equivalent to 1% of its capital, to be completed by June 30, 2025. This strategic move aims at reducing the company’s capital stock by canceling the repurchased shares, potentially boosting shareholder value. The program adheres to the regulations set by the General Assembly and EU market abuse rules.
For further insights into FR:DBG stock, check out TipRanks’ Stock Analysis page.
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