Orange press release: Transactions carried out as part of a share buyback program and outside of a liquidity contract
27 September 2024 - 10:00PM
UK Regulatory
Orange press release: Transactions carried out as part of a share
buyback program and outside of a liquidity contract
Press release
Paris, 27 September 2024
Transactions carried out as part of a share buyback
program and outside of a liquidity contract
Orange announces that it has purchased treasury shares within
the framework of its 2024 share buyback program.
These shares have been acquired to honor obligations related to
long-term incentive plans for corporate officers and senior
employees. The long-term incentive plans, which are conditional on
presence and performance, were set up with the aim of involving
Group key managers in the success of its strategic plan.
Name of the issuer: Orange (LEI:
969500MCOONR8990S771)
References of the share buyback program: A
description of the program authorized by the Shareholders’ General
Meeting held on 22 May 2024 (16th resolution) can be
found in Orange’s 2023 universal registration document (section
6.5)
Securities identifying code: Ordinary shares
(ISIN: 0000133308), listed on Euronext Paris / Compartment A
Start date of the program: The 16th
resolution of the shareholders’ general meeting held on 22 May 2024
was activated at the Board of Directors meeting on 22 May 2024
Cash purchases of shares on 26 September 2024:
|
Trading date |
Type of transaction |
Number of shares |
Daily weighted average purchase price (€) |
Amount (€) |
|
26 September 2024 |
Purchase |
450 000 |
10.5113€ |
4,730,085.00 € |
|
Total |
Purchase |
450 000 |
10.5113€ |
4,730,085.00 € |
None of these shares were purchased as part of a share liquidity
contract. Detailed information on these transactions may be found
on the Orange website (Investors' Library (orange.com)).
About Orange
Orange is one of the world’s leading telecommunications operators
with revenues of 39.7 billion euros in 2023 and 128,000 employees
worldwide at 30 June 2024, including 72,000 employees in France.
The Group has a total customer base of 285 million customers
worldwide at 30 June 2024, including 246 million mobile customers
and 21 million fixed broadband customers. These figures have been
restated to account for the deconsolidation of certain activities
in Spain following the creation of MASORANGE. The Group is
present in 26 countries (including non-consolidated countries).
Orange is also a leading provider of global IT and
telecommunication services to multinational companies under the
brand Orange Business. In February 2023, the Group presented its
strategic plan "Lead the Future", built on a new business model and
guided by responsibility and efficiency. "Lead the Future"
capitalizes on network excellence to reinforce Orange's leadership
in service quality.
Orange is listed on Euronext Paris (symbol ORA) and on the New York
Stock Exchange (symbol ORAN).
For more information on the internet and on your mobile:
www.orange.com, www.orange-business.com and the Orange News app or
to follow us on X: @orangegrouppr.
Orange and any other Orange product or service names included
in this material are trademarks of Orange or Orange Brand Services
Limited.
Press contact: Tom Wright;
tom.wright@orange.com
- PR_Orange_Share_BuyBack_EN_270924
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