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Planisware initiates a share buyback program worth €10 million to cover future share based compensation plans
Globenewswire·2025-09-01 06:00

Core Viewpoint - Planisware has announced a share buyback program worth €10 million to support future share-based compensation plans, aiming to prevent dilution for existing shareholders [2][4]. Group 1: Share Buyback Program Details - The share buyback program is authorized by the Combined Shareholders' Meeting held on June 19, 2025, and is set to be completed by December 31, 2025 [2]. - An investment services provider, Rothschild Martin Maurel, has been mandated to execute the buyback independently, adhering to market conditions and regulatory requirements [3][5]. - The repurchased shares will be allocated for employee and corporate officer compensation plans, thereby avoiding dilution from newly issued shares [4]. Group 2: Company Overview - Planisware is a leading B2B provider of AI-powered SaaS platforms, focusing on the Project Economy, with a mission to enhance project management for organizations [8]. - The company employs approximately 800 staff across 18 offices and serves around 600 clients in over 30 countries, including large corporations and public sector entities [9].