on LOUIS HACHETTE GROUP (EPA:LHG)
Louis Hachette Group's 2026-2027 Share Buyback Program
Louis Hachette Group has announced a new share buyback program for the period 2026-2027. Approved at the General Meeting on 5 May 2026, this program adheres to the AMF General Regulations and the EU Commission Delegated Regulation. The primary aims include reducing share capital, distributing free shares to employees, and enhancing market liquidity.
The program allocates a maximum of EUR 350 million for the buyback, with up to 10% of share capital, equivalent to 99,199,649 shares, eligible for repurchase. The shares can be acquired through various means, except during certain blackout periods and public offers. A maximum purchase price is set at EUR 3.50 per share.
Operating from 5 May 2026 to 5 November 2027, the initiative supports several corporate strategies, including external growth transactions and strengthening employee participation plans.
R. E.
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