Press release
Transactions carried out as part of a share buyback program and outside of a liquidity contract
Orange announces that it has purchased treasury shares within the framework of its 2019 share buyback program.
These shares have been acquired to honour obligations related to the “Orange Vision 2020” free shares award plan and the long term incentive plan for key managers (free allocation of performance shares). The 9.1 million shares “Orange Vision 2020” plan and the long term incentive plan, which are conditional on presence and performance, have been respectively proposed to all Group employees and key managers with the aim of sharing the benefits of the "Essentials2020" strategic plan across the Group.
References of the share buyback program: A description of the program authorised by the Shareholders’ General Meeting held on
Securities identifying code: Ordinary shares (ISIN: 0000133308), listed on Euronext Paris / Compartment A (MIC: XPAR)
Start date of the program: The 15th resolution of the shareholders’ general meeting held on
Cash purchases of shares from 5th to 6th
Trading date | Type of transaction | Number of shares | Daily weighted average purchase price (€) | Amount (€) |
Purchase | 1,236,096 | 13.6396 | 16,859,855.00 € | |
Purchase | 763,904 | 13.5916 | 10,382,677.61€ | |
Total | Purchase | 2,000,000 | 13.6213 | 27,242,532.61 € |
None of these shares were purchased as part of a share liquidity contract. Detailed information on these transactions may be found on the Orange website (https://www.orange.com/en/Investors/Regulated-information).
About Orange
Orange is one of the world’s leading telecommunications operators with sales of
268 million customers worldwide at
Orange is listed on Euronext Paris (symbol ORA) and on the
For more information on the internet and on your mobile: www.orange.com, www.orange-business.com or to follow us on Twitter: @orangegrouppr.
Orange and any other Orange product or service names included in this material are trademarks of Orange or
Press contacts: +33 (0)1 44 44 93 93
Attachment
- PR_Orange_ShareBuyBack_EN_191210
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