Core Insights - Danone has initiated a share buyback program to purchase approximately 3.8 million shares to counteract the dilutive effects of its annual employee shareholder plans and long-term incentive plans set for 2026 [1][2] Group 1: Share Buyback Program - The buyback program is set to commence on December 5, 2025, and will be executed over the following weeks [2] - The repurchased shares will be allocated to employee shareholding plans, reinforcing employee engagement and ownership [2] Group 2: Company Overview - Danone is a prominent global food and beverage company, focusing on health-oriented categories such as Essential Dairy & Plant-Based products, Waters, and Specialized Nutrition [3] - In 2024, Danone reported sales of €27.4 billion, showcasing its significant market presence with products sold in over 120 markets [3] - The company is committed to sustainability and has achieved B CorpTM certification globally in 2025, reflecting its dedication to social and environmental impact [3]
Danone - To offset the dilutive impact of its annual employee shareholder plans, Danone launches a buyback of 3.8 million shares