AI Terminal
Compagnie d'Entreprises CFE SA
Transaction in Own Shares • Sep 14, 2022
3929_dirs_2022-09-14_66f001ef-df78-4606-8336-d75b81c2c43e.pdf
Transaction in Own Shares
Open in ViewerOpens in native device viewer
Acquisition of own shares
Regulated information within the meaning of the Royal Decree of November 14, 2007
ACQUISITION OF OWN SHARES
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. This programme is part of the long-term incentive plans for the benefit of the members of the CFE Executive Committee.
CFE launched the buyback programme with the first period starting on 30 June 2022 and ending on 29 July 2022. During this period, 561,000 shares were acquired for a total amount of € 4.88 million, representing an average acquisition price of € 8.70 per share.
The Board of Directors has decided to restart the share buyback programme for a maximum of 700,000 own shares for the period starting on 31 August 2022 and ending at the latest on 31 October 2022.
This press release includes information on the acquisitions made between September 7, 2022 and September 14, 2022 (included) by KBC Securities as intermediary.
CFE currently owns 652,500 own shares, 2.58% of the outstanding shares.
| SUMMARY | |||||
|---|---|---|---|---|---|
| Start date | 31/08/2022 | ||||
| Total amount of shares purchased since 31/08/2022 | 91.500 | ||||
| Purchased amount in EUR | 882.820.35 € | ||||
| Average purchase price in EUR | 9,6483 € |
| Executions | ||||||
|---|---|---|---|---|---|---|
| Trade date | Total shares purchased Average price (€) | Min price (€) | Max price (€) | Buyback amount (€) | % of total volume | |
| 8/09/2022 | 4.000 | 9,6933 € | 9.6000 € | 9,8200 € | 38.773.20 € | 14.24% |
| 9/09/2022 | 5.000 | 9.9877 € | 9.7500 € | 10,0000 € | 49.938.50 € | 22,01% |
| 12/09/2022 | 4.000 | 10.1266 € | 9,9400 € | 10,2400 € | 40.506.40 € | 12,84% |
| 13/09/2022 | 6.000 | 10,2372 € | 10,1600 € | 10,3400 € | 61.423,20 € | 15,11% |
| 14/09/2022 | 8.500 | 10,1306 € | 9,9800 € | 10,2200 € | 86.110,10 € | 21,60% |
| TOTALS | 27.500 | 276.751,40 € |
About CFE
CFE is a multidisciplinary integrated group addressing attractive growth markets in Belgium, Luxembourg and Poland. Thanks to leading companies and innovative projects, the group focuses on four segments: real estate development, multitechnics, construction & renovation and investments. From acquisition to maintenance: with complementary expertise, CFE offers end-to-end solutions to its customers. The group is developing the world of tomorrow through its pioneering role in sustainability, its urge for innovation and its will to have an impact on society. CFE realizes this ambition with passionate employees and strong partnerships.
* * *
CFE is listed on Euronext Brussels and is 62.12% owned by Ackermans & van Haaren.
Note to editors
For further information, please contact:
Fabien De Jonge, Chief Financial Officer - tel. +32 2 661 13 12 - mail : [email protected] Ann Vansumere, Communication Manager - tel. +32 2 661 13.97 - mail : [email protected]