EVS Broadcast Equipment reports update of share buyback program and announces new share buyback program
May 06 2020 - 12:45AM
EVS Broadcast Equipment reports update of share buyback program and
announces new share buyback program
Publication on May 6, 2020, before market openingRegulated
information – reporting share buyback EVS Broadcast Equipment S.A.:
Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters
(EVSB.BR)
EVS reports update of share buyback program and
announces new share buyback program
EVS Broadcast Equipment reports that the
following transactions, conducted within the framework of the share
buyback program announced on October 24, 2018, took place between
April 27, 2020 and May 4, 2020.
Date |
Number of shares acquired |
Average price (EUR) |
Total (EUR) |
27/04/2020 |
2,500 |
13.9861 |
34,965 |
28/04/2020 |
2,500 |
13.8178 |
34,545 |
29/04/2020 |
2,500 |
13.7352 |
34,338 |
30/04/2020 |
2,500 |
13.9070 |
34,768 |
04/05/2020 |
2,640 |
14.3018 |
37,757 |
Total |
12,640 |
13.9535 |
176,372 |
This concludes the share buyback program
announced in October 2018.Since the start of the buyback program,
EVS has bought 528,684 shares at an average price of
EUR 18,9149, representing in total EUR 9,999,995.
After aforementioned transactions the total
number of own shares amounts now to 607,332 shares as of May 4,
2020 (including 93,144 shares already held by the company before
the start of the share buyback program and taking into account the
14,496 shares distributed as part of the employees profit sharing
plan as approved by the May 2019 OGM ) .
EVS also announces the decision of its Board of
Directors to start a new share buyback program of its outstanding
shares for a maximum amount of EUR 5 million.
The share buyback program will be implemented in accordance with
the authorization set forth in article 10 of the Articles of
Association of the company. The program will start today for a
period of maximum 1 years.
This program will be executed in compliance with
the applicable buyback regulations. EVS has mandated an independent
broker to execute the program through open market purchases on its
behalf.
This information is also available here
https://evs.com/en/corporate/investor-relations/stock-info/share-buyback.
About EVS
EVS is globally recognized as the leader in live
video technology for broadcast and new media productions. Our
passion and purpose are to help our clients craft immersive stories
that trigger the best return on emotion. Through a wide range of
products and solutions, we deliver the most gripping live sports
images, buzzing entertainment shows and breaking news content to
billions of viewers every day – and in real-time. The company is
headquartered in Belgium with offices in Europe, the Middle East,
Asia and North America, and provides sales and technical support to
more than 100 countries. EVS is a public company traded on Euronext
Brussels: EVS, ISIN: BE0003820371. For more information, please
visit www.evs.com.
Contact:
Yvan ABSIL, CFOEVS Broadcast Equipment S.A., Liege Science Park,
13 rue du Bois Saint-Jean, B-4102 Seraing, BelgiumTel : +32 4 361
70 00. E-mail : corpcom@evs.com; www.evs.com
- Press release in PDF format
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