Core Points - 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] - The buyback program is scheduled to commence on December 5, 2025, and will be executed over the following weeks, with repurchased shares allocated to employee shareholding plans [2] - Danone's sales reached €27.4 billion in 2024, and the company operates in three key categories: Essential Dairy & Plant-Based products, Waters, and Specialized Nutrition [3] Company Overview - Danone is a leading global food and beverage company with a mission to promote health through food, aiming for sustainable eating and drinking practices [3] - The company employs over 90,000 people and sells products in more than 120 markets, featuring both international and strong local brands [3] - Danone is listed on Euronext Paris and is part of various sustainability indexes, having achieved B Corp certification globally in 2025 [3]