Grolleau launches a share buyback program

On February 21, 2025, Grolleau detailed its share repurchase program authorized by the Combined General Meeting of Shareholders on June 18, 2024. The company plans to repurchase up to 10% of its capital consisting of 2,842,105 shares as of February 20, 2025.

The objectives include promoting the liquidity of its securities, implementing stock option plans, granting shares to employees and retaining shares for possible external growth operations. The maximum price for these shares is set at 30 euros.

This program, which will last for eighteen months, mobilizes a maximum amount of 30 million euros. The buybacks may be made at any time, except during public offers on the shares.