Exclusive Networks Announce the Launch of a Share Buyback Programme
March 20 2023 - 03:45AM
Business Wire
Regulatory News:
Following its press release dated 28 February 2023, Exclusive
Networks (Paris:EXN) announces the launch of a share buyback
programme.
Exclusive Networks is launching this share buyback program in
accordance with the 12th resolution approved by the General
Shareholders' Meeting of June 21, 2022, during which the Board of
Directors obtained the authorization to implement a share buyback
program for 18 months from the General Shareholders' Meeting, for a
number of shares representing up to 10% of its share capital, for a
maximum price per share of EUR 30 and for a maximum amount of EUR
100,000,000.
Exclusive Networks has signed an agreement with an investment
services provider to purchase its own shares for a maximum amount
of EUR 25 million over a period starting on 20 March 2023 to 21
December 2023.
The price of the shares purchased under this mandate may not
exceed the limit of EUR 30 per share set by the General Meeting of
Exclusive Networks on 21 June 2022.
The description of the share buyback programme is available on
Exclusive Networks' website.
About Exclusive Networks
Exclusive Networks (EXN) is a global cybersecurity specialist
that provides partners and end-customers with a wide range of
services and product portfolios via proven routes to market. With
offices in over 45 countries and the ability to serve customers in
over 170 countries, we combine a local perspective with the scale
and delivery of a single global organisation.
Our best-in-class vendor portfolio is carefully curated with all
leading industry players. Our services range from managed security
to specialist technical accreditation and training and capitalize
on rapidly evolving technologies and changing business models. For
more information visit www.exclusive-networks.com.
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EXCLUSIVE NETWORKS
Investors & Analysts Hacene Boumendjel
Head of Investor Relations ir@exclusive-networks.com
Media FTI Consulting
Emily Oliver / Tom Blundell +33 (0)1 47 03 68 19
exclusivenetworks@fticonsulting.com
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