on GROUPE FNAC (EPA:FNAC)
Fnac Darty Launches Share Buyback Program
Fnac Darty has initiated a share buyback program involving 600,000 shares. This action is part of a program approved at the Shareholders' Meeting on May 28, 2025. The company's Board of Directors aims to counteract share dilution resulting from the vesting of free shares allocated to employees and corporate officers.
NATIXIS, an investment services provider, has been assigned the first buyback mandate, capped at €5 million. This move is in line with the company's strategy to manage equity and support shareholder value.
By addressing share dilution, Fnac Darty seeks to maintain equity stability and uphold shareholder interests. The current actions reflect the Group's commitment to align employee compensation with market performance.
R. P.
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