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GBL Executes Significant Share Buy-Back Program
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GBL Executes Significant Share Buy-Back Program

Groupe Bruxelles Lambert (GB:0IN2) has released an update.

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Groupe Bruxelles Lambert (GBL) reported purchasing a total of 115,157 of its own shares between September 23 and September 27, 2024, at an average price of €69.71, amounting to €8,027,791. On September 27, GBL’s total ownership of its shares reached 8.2% of its outstanding capital, representing a 37.6% execution of its seventh share buy-back program. GBL has suspended its liquidity contract with an independent financial institution in favor of a ‘safe harbor’ share buy-back regulation within a 500 million euros envelope.

For further insights into GB:0IN2 stock, check out TipRanks’ Stock Analysis page.

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