Teleperformance SE commences an Equity Buyback for 5% of its issued share capital, for €2,936.88 million, under the authorization approved on April 14, 2022.
November 18, 2022 at 11:59 am EST
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Teleperformance SE (ENXTPA:TEP) commences share repurchases on November 11, 2022 under the program mandated by the shareholders in the Annual General Meeting held on April 14, 2022 As per the mandate, the company is authorized to repurchase its own shares, representing 5% of its issued share capital for €2,936.88 million. The shares will be repurchased at a maximum price of €500 per share. The purpose of the program is to stimulate the secondary market or ensure liquidity of the share. The repurchased shares will be cancelled or retained and used as consideration of an exchange or a payment in connection with potential growth acquisitions or used to cover the stock option plans and/or performance share plans for the employees and/or corporate officers or used for any other purposes as permitted by the law. The plan will be valid till October 13, 2023.
On November 10, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to €150 million worth of its shares.
Teleperformance SE is no. 1 worldwide in outsourcing and corporate consulting services for customer relation management. Net sales break down by activity as follows:
- customer experience management services (85.7%): customer information, technical assistance, customer acquisition, back-office services. The group also offers integrated services for business process management and digital transformation and high added value consulting services. Net sales are distributed by geographic region between Europe/Middle East/Africa (38%), North America and Asia/Pacific (38.3%), and Latin America (23.7%);
- specialised services (14.3%): online interpreting, visa application management and debt collection.
At the end of 2022, the group had over 410,000 employees in 91 countries and offers its services in over 300 languages across over 170 markets.
Net sales by customer sector break down into healthcare (16%), financial services and insurance (14%), media and entertainment (13%), government services (10%), telecom (9%), tourism and hospitality (9%), technology (8%), retail and e-commerce (8%), business services (3%) and other (10%).
Teleperformance SE commences an Equity Buyback for 5% of its issued share capital, for €2,936.88 million, under the authorization approved on April 14, 2022.
TELEPERFORMANCE SE 
