ERAMET S.A. (ENXTPA:ERA) commences share repurchases on October 1, 2025, under the program mandated by the shareholders in the Annual General Meeting held on May 26, 2025. As per the mandate, the company is authorized to repurchase up to 10% of its issued share capital. The shares will be repurchased at a maximum purchase price of ?200 per share.
The purpose of the program is to support the market share price, to delivery the shares upon the exercise of rights attached to securities giving access to the share capital by redemption, conversion, exchange or otherwise, to implement any share purchase option plan, allocate bonus shares, allocate or transferred to the employees as their share in the profits of the business or for the purpose of implementing any employee savings plan and to cancel the repurchased shares. The share repurchase program will end at the General Meeting to approve the financial statements for 2025.
Eramet, a global mining and metallurgical group, is a key player in the extraction and valorisation of metals (manganese, nickel, mineral sands) and the elaboration and transformation of alloys with a high added value (high-speed steels, high-performance steels, superalloys, aluminium and titanium alloys).
The group supports the energy transition by developing activities with high growth potential. These include lithium extraction and refining, and recycling.
Eramet positions itself as the privileged partner of its customers in sectors that include carbon and stainless steel, aerospace, pigments, energy, and new battery generations.
Building on its operating excellence, the quality of its investments and the expertise of its employees, the group leverages an industrial, managerial and societal model that is virtuous and value-accretive.
Net sales break down by family of products mainly between manganese (70.3%), mineralized sands (10.8%) and nickel (4.8%).
Net sales are distributed geographically as follows: France (1.2%), Europe (26.1%), China (23.7%), Asia (29.1%), South America (13.9%), Africa (3.4%), North America (1.8%), Oceania (0.8%).
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