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Compagnie d'Entreprises CFE SA
Transaction in Own Shares • Nov 21, 2023
3929_dirs_2023-11-21_9ea16951-36c2-4f47-af1e-7c3ef9f275d4.pdf
Transaction in Own Shares
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PRESS RELEASE Tuesday 21 November 2023 – 17h45 CET
Regulated information
Acquisition of own share
Regulated information within the meaning of the Royal Decree of November 14, 2007
On 29 June 2022, the Board of Directors had decided to launch a share buyback programme within the limits of the (renewed) authorisation to buy back own shares, as granted by the Extraordinary General Meeting of Shareholders of 2 May 2019. Two periods for the acquisition of own shares followed one another between 30 June 2022 and 23 December 2022. At that date, CFE owned 392,158 of its own shares.
On 5 October 2023, the Board of Directors has decided to restart the share buyback programme for a maximum of 500,000 own shares for the period starting on 16 October 2023 and ending at the latest on 20 December 2023.
As in 2022, the buy-back programme is conducted by an independent intermediary, KBC Securities, in accordance with the applicable regulations.
This press release includes information on the acquisitions made between 14 November 2023 and 21 November 2023 (included) by KBC Securities as intermediary.
CFE currently owns 473,959 own shares, 1.87% of the outstanding shares.
| SUMMARY | |||||
|---|---|---|---|---|---|
| Start date | 16/10/2023 | ||||
| Total amount of shares purchased since 16/10 | 81.801 | ||||
| Purchased amount in EUR | 539.753,47€ | ||||
| Average purchase price in EUR | 6,5984 € |
Acquisition of own shares on the regulated market Euronext Brussels
| Executions | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trade date | Total shares purchased Average price (€) Min price (€) | Max price (€) | Buyback amount (€) | % of total volume | ||||
| 14/11/2023 | 529 | 7,1204 € | 7,0700 € | 7,1400 € | 3.766,69 € | 22.07% | ||
| 15/11/2023 | 721 | 7,0670 € | 7,0500 € | 7,0900 € | 5.095,31 € | 36,30% | ||
| 16/11/2023 | 2.059 | 7,0944 € | 7,0000 € | 7,1300 € | 14.607,37 € | 39,44% | ||
| 17/11/2023 | 2.207 | 7,2515 € | 7,1000 € | 7,3000 € | 16.004,06 € | 28,37% | ||
| 20/11/2023 | 2.000 | 7,2715 € | 7,1900 € | 7,3000 € | 14.543,00 € | 80,42% | ||
| 21/11/2023 | 3.629 | 7,1348 € | 7,0800 € | 7,1900 € | 25.892,19 € | 31,00% | ||
| TOTALS | 11.45 | 79.908.62 € |
About CFE
CFE is an integrated multidisciplinary group with an attractive growth market position in Belgium, Luxembourg and Poland. Thanks to leading companies and innovative projects, the group focuses on four segments: real estate development, construction & renovation, multitechnics and investments. From acquisition to maintenance: with complementary expertise, CFE offers complete solutions to its customers. The group is developing the world of tomorrow through its pioneering role in sustainable development, its capacity for innovation and its desire to have an impact on society. CFE makes this ambition a reality thanks to passionate employees and strong partnerships. CFE is listed on Euronext Brussels and is 62.12% owned by Ackermans & van Haaren, 12,11% by VINCI.
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For further information, please contact: Fabien De Jonge, CFO, tel. +32.2.661.13.12, [email protected]