Jacquet Metals: Share buybacks and outlook

Jacquet Metals SA has initiated a share buyback program, approved by its shareholders at the general meeting of June 28, 2024. Between November 13 and 19, 2024, the company repurchased a total of 28,449 ordinary shares at an average price of €15.4799 each. The total amount of the transactions amounts to €440,387.02.

The buybacks were carried out mainly on the Euronext market. The securities acquired between 13 and 15 November are intended for conservation and possible delivery in payment or exchange. As for the purchases of 18 and 19 November, they are intended for cancellation.

This buyback program, published on the website of the Financial Markets Authority, could influence the value of the shares in the short term, particularly if the cancellation objectives are achieved.