Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of late November 2025 [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, and the buybacks are conducted in compliance with the conditions set by the General Shareholders' Meeting held on May 19, 2025 [2]. - As of November 28, 2025, Ayvens has completed 94.8% of its share buyback program, representing 3.9% of its total share capital [3]. Group 2: Buyback Details - The buyback transactions from November 24 to November 28, 2025, involved a total of 1,335,117 shares purchased at an average price of EUR 10.86 [3]. - The buyback was executed across various trading platforms, including Euronext Paris, with a temporary suspension of the liquidity contract with BNP Paribas Exane during the buyback period [2]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages a fleet of 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) from 24 to 28 November
Globenewswire·2025-12-01 16:45