Implementation of the share buyback program approved on 15 May 2023 by the General Meeting of Shareholders
28 Juli 2023 - 7:34PM
Implementation of the share buyback program approved on 15 May 2023
by the General Meeting of Shareholders
Implementation of the share buyback
program approved on 15 May 2023by the General
Meeting of Shareholders
Paris, July
28, 2023 - As part of
the implementation, decided by the Board of Directors at its
meeting on 25 July 2023, of the share buyback program authorized by
the Combined General Meeting of Shareholders of 15 May 2023, the
Company's priorities in the area of capital allocation and the
return of value to shareholders include the continuation, in the
second half of 2023, of share repurchases with a view to their
cancellation up to 2% of the share capital per year subject to
market conditions.
This program comes on top of Ipsos’ existing
annual share repurchases implemented to compensate for the dilution
from Ipsos’ free share and option plans for managers and
employees.
To this end, the Company will proceed, between
now and 29 December 2023, with a new tranche of share repurchases
with a view to their cancellation, up to an amount of approximately
25 million euros, i.e. approximately 1.27%1 of its share capital at
the closing price on 26 July 2023 (45.10 euros), in accordance with
the terms and conditions of the authorizations granted by the
Combined General Meeting held on 15 May 2023 (Resolutions 21 and
22).
Ipsos reserves the right to suspend the program
at any time depending on market conditions or the implementation of
its investment strategy.
A description of this share buyback program is
available on the Company's website (www.ipsos.com) in the section
entitled "Investors", and in the subsection relating to regulated
information.
ABOUT IPSOS
Ipsos is one of the largest market research companies in the
world, present in 90 markets and employing nearly than 20,000
people.
Our passionately curious research professionals, analysts and
scientists have built unique multi-specialist capabilities that
provide true understanding and powerful insights into the actions,
opinions and motivations of citizens, consumers, patients,
customers or employees. Our 75 solutions are based on primary data
from our surveys, social media monitoring, and qualitative or
observational techniques.
"Game Changers" – our tagline – summarizes our ambition to help
our 5,000 clients navigate with confidence our world of rapid
change.
Founded in France in 1975, Ipsos has been listed on the Euronext
Paris since July 1, 1999. The company is part of the SBF 120 and
Mid-60 indices and is eligible for the Deferred Settlement Service
(SRD).ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP
www.ipsos.com
1 After
cancellation, by decision of the Board of Directors at its meeting
on 25 July 2023, of 550,000 own shares repurchased under the
previous program.
- Ipsos - Press Release - Implementation of the share buyback
program 2023 - 280723
Ipsos (EU:IPS)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Ipsos (EU:IPS)
Historical Stock Chart
Von Mai 2023 bis Mai 2024