on Global Fashion Group S.A. (isin : LU2010095458)
Global Fashion Group Initiates EUR 3 Million Share Buyback Programme
Global Fashion Group S.A. (GFG) announced the launch of a share buyback programme, sanctioned by its Supervisory Board. Beginning on 9 March 2026, the programme will allow for the repurchase of up to 15 million shares, with a maximum expenditure of EUR 3 million, ending by 26 February 2027 at the latest. This decision follows the authorisation granted at the 2021 annual general meeting, with potential for early termination on 25 May 2026 if new authorisation is not secured.
The reacquired shares are intended to fulfill GFG's obligations under its employee share-based remuneration schemes and could potentially reduce the company's issued share capital. An independent bank will manage the acquisitions independently of GFG. The buyback will adhere to the safe harbour provisions of EU regulations on market abuse.
Progress on the buyback will be regularly updated on GFG's website to ensure transparency.
R. H.
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