Constellium Board Authorizes a New $300 million Share Repurchase Program Expiring in December 2028

Core Viewpoint - Constellium SE has announced a new share repurchase program of up to $300 million, set to begin after the 2026 Annual General Meeting on May 21, 2026, and will expire on December 31, 2028, replacing the previous program authorized in February 2024 [1][2]. Company Overview - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, including aerospace, packaging, and automotive [4]. - The company generated $8.4 billion in revenue in 2025 [4]. Share Repurchase Program Details - The new share repurchase program allows the company to buy back its shares through open market transactions or privately-negotiated transactions, adhering to applicable securities laws and French corporate law [2]. - The timing and amount of repurchases will depend on market conditions and other factors, and the program does not obligate the company to repurchase a specific dollar amount or number of shares [2]. - The Board of Directors can modify, suspend, extend, or terminate the program at any time without prior notice, and shareholder approval will be sought annually at the General Meetings [2].