Euronext completes share repurchase program as part of its LTI plan
Pan-European market infrastructure Euronext today announced that it has completed the repurchase of 330,000 of its own shares. The average price was €63.77 per share.
This repurchase programme was carried out within the scope of the Euronext Long-Term Incentive plan by an independent agent from 12 June 2023 to 7 July 2023 and in accordance with the conditions of the authorisation granted by the General Meeting of Shareholders of Euronext on 17 May 2023.
Euronext operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €6.5 trillion in market capitalisation as of end June 2023, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world.
Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal.
Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.