Selectirente SA (FR:SELER) has released an update.
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Selectirente SA has launched a share buyback program to enhance liquidity and market presence, set to run from October 1, 2024, to September 30, 2025, with a maximum acquisition target of 10% of its capital. The program, authorized by shareholders on May 31, 2024, includes potential use of shares for employee incentives, external growth operations, and market practices approved by the Financial Markets Authority, excluding the use of derivative products. Additionally, Selectirente has augmented its liquidity contract resources to better reflect its market capitalization and stabilize share pricing.
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