Commences second €125M tranche of previously announced €250M share buyback
- Company continues share buyback program, targeting up to €250M of ordinary shares to reduce share capital.
- Second tranche of up to €125M starts 12 August 2024, expected completion by November 2024.
- Follows first tranche of €125M completed on 1 July 2024.
- Buyback will comply with Market Abuse Regulation 596/2014 and related EU rules, executed under a discretionary agreement with a financial institution.
- Buyback authorized by shareholders on 31 May 2023, valid until 30 November 2024.