Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported shortly after the program's commencement [1][2]. Group 1: Share Buyback Program - The buyback program was officially announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities to conduct the buybacks, adhering to conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - As of November 7, 2025, Ayvens completed 82.7% of its buyback program, representing 3.4% of its total share capital [3]. Group 2: Purchase Details - From November 3 to November 7, 2025, Ayvens executed multiple transactions, with a total of 27,200,072 shares repurchased at an average price of EUR 10.82 [3]. - The buybacks were conducted across various trading platforms, including the regulated market of Euronext Paris [2]. - The liquidity contract with BNP Paribas Exane was temporarily suspended during the buyback period [2]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing, flexible subscriptions, and fleet management [4]. - The company operates in 41 countries with over 14,000 employees and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].
Information regarding executed transactions within the framework of a share buyback programme (outside the liquidity agreement) 3 to 7 November 2025
Globenewswire·2025-11-10 16:45