Thermador Group Initiates Share Buyback Plan

Thermador Groupe (FR:THEP) has released an update.

Thermador Group has entered into a share buyback agreement to repurchase up to 30,000 of its own shares, constituting 0.33% of its capital, starting July 3, 2024, until the year’s end. This follows a nearly unanimous shareholder vote authorizing the repurchase at a maximum price of 113 euros per share, allowing the company to engage in various operations including employee stock programs and external growth strategies.

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