Groupe Bruxelles Lambert (GB:0IN2) has released an update.
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Groupe Bruxelles Lambert (GBL) reported purchasing 112,030 of its own shares as part of its ongoing share buyback program from October 14-18, 2024, representing a portion of its seventh buyback initiative. This move aligns with GBL’s strategy of enhancing shareholder value through increased net asset value per share and sustainable dividend offerings. The company maintains a net asset value of €15.8 billion, reflecting its commitment to long-term value creation.
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