Compagnie Lebon commences an Equity Buyback Plan for 117,300 shares, for €17.17 million, under the authorization approved on May 25, 2022.

Compagnie Lebon (ENXTPA:LBON) commences share repurchases on May 25, 2022, under the program mandated by the Annual General Meeting held on May 25, 2022. As per the mandate, the company is authorized to repurchase up to 117,300 shares, for €17.17 million. The treasury shares at any time does not exceed 10% of share capital.

The maximum price which will be paid is €200 per share. The authorization will be valid for a period of 18 months.