Reinet Investments S.C.A. Launches Share Buyback Programme

Reinet Investments S.C.A. has announced the resumption of its share buyback programme after lifting a "closed period" that was in place while the company evaluated a significant investment opportunity. With the immediate pursuit of this opportunity no longer on the table, the company is set to restart its buyback efforts.

The programme will allow Reinet to purchase up to 16.5 million ordinary shares for a total of €500 million, with the current phase permitting up to €75 million worth of buybacks culminating before the 19th of August 2026. This programme aims to return value to shareholders and may serve as consideration for future acquisitions.

Shares will be acquired at market price, adhering to strict regulatory limits, ensuring no more than 25% of daily trading volume is purchased. The Rupert family has opted not to sell any shares during this period. Continuous updates on the programme's progress will be accessible on Reinet’s website.