Eleving Group S.A. Approves Share Buy‑Back Programme
Eleving Group S.A. (ISIN: LU2818110020, ticker: ELEVR) announced the approval of a share buy‑back programme on 30 June 2026. The decision was taken by the Management Board on 29 June 2026, following authority granted by the Annual General Meeting of shareholders held on 27 May 2026.
Programme Parameters
| Item | Details |
|---|---|
| Security | Ordinary shares (ISIN: LU2818110020, ticker: ELEVR) |
| Trading venues | Nasdaq Riga regulated market (Baltic Main List) and Frankfurt Stock Exchange regulated market (Prime Standard) |
| Maximum number of shares | 5,855,440 shares (approximately 5 % of the issued share capital) |
| Maximum aggregate consideration | EUR 5,000,000 (exclusive of acquisition costs and commissions) |
| Maximum purchase price | The higher of: (i) the price of the last independent trade; or (ii) the highest current independent bid on Nasdaq Riga at the time of purchase, in accordance with Article 3(2) of Commission Delegated Regulation (EU) 2016/1052 |
| Daily volume limit | Up to 25 % of the daily trading volume |
The programme allows Eleving Group to repurchase its own shares within the specified limits, with the purchase price determined by recent independent trade prices or the highest bid on Nasdaq Riga. The total amount to be spent on the buy‑back will not exceed EUR 5 million, and the number of shares bought back will not exceed 5,855,440.
This announcement follows the company’s previous communications from Finanznachrichten.de, di.se, and EQS‑News.com, all reporting the same details regarding the share buy‑back initiative. The programme is intended to be conducted over an unspecified period, subject to the constraints outlined above.
