Societe Generale Reports Progress on Share Buy-Back Programme

Societe Generale, the prominent European bank, has announced that as of August 28, 2026, 45% of its extraordinary share buy-back program, valued at EUR 1.5 billion, has been completed. This program commenced on August 3, 2026, following an announcement on July 30, 2026. The aim is to cancel shares in compliance with legal limits set for a 24-month period.

The share repurchase activities conducted from August 24 to 28, 2026, spanned various platforms including XPAR and CEUX. The transactions resulted in a total volume of 2,537,508 shares, with an average weighted price of EUR 73.88 per share. The buy-back program is part of a strategic move to enhance shareholder value through cancellation of shares.

Societe Generale continues its role as a top-tier European bank with operations in 58 countries. The program aligns with the bank's long-standing objective of delivering sustainable value creation for its stakeholders.