Euronext announced today the completion of its share repurchase program, which was initially announced on 7 November 2024. The program, running from 11 November 2024 to 10 March 2025, resulted in the repurchase of 2,692,979 shares, representing approximately 2.58% of Euronext’s total share capital. The repurchases were at an average price of €111.40 per share.

The program was by a financial intermediary in strict compliance with all relevant regulations, including the Market Abuse Regulation (596/2014) and the Commission Delegated Regulation (EU) 2016/1052. Euronext’s General Meeting of Shareholders, held on 15 May 2024, granted the authority for this action.

Euronext Completion of Share Repurchase Program 

Euronext also announced that it will request a General Meeting at the upcoming Annual General Meeting (AGM) on 15 May 2025. The proposal will seek approval from shareholders for the Managing Board to proceed with the cancellation of the shares repurchased under this program. If approved, the company will formally register the resolution with the trade register and publish it in a national newspaper, making it available for a two-month period following the announcement.

So, Euronext’s completion of its share repurchase program demonstrates its continued commitment to enhancing shareholder value. By repurchasing approximately 2.58% of its share capital at a favorable average price, the company reinforces its strong financial position. Looking ahead, the upcoming General Meeting in May 2025 will decide whether to cancel the repurchased shares, further optimizing the capital structure. This strategic move highlights Euronext’s focus on maintaining long-term value creation for its shareholders.

The upcoming AGM in May 2025 will provide shareholders with the opportunity to approve the cancellation of these shares, further streamlining Euronext’s share capital. This move reflects the company’s ongoing commitment to delivering value to its shareholders and strengthening its position in the market.

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