par OVH (EPA:OVH)
OVH Groupe announces a share capital reduction through the cancellation of treasury shares bought back as part of the share buyback offer
Press release
OVH Groupe announces a share capital reduction through the cancellation of treasury shares bought back as part of the share buyback offer
Roubaix – 29 January 2025
On 23 January 2025, the Board of Directors, pursuant to the authorisation of the General Shareholders’ Meeting of 4 December 2024, decided to reduce the share capital of OVH Groupe by cancelling 38,888,889 treasury shares, representing approximately 20.41% of the share capital.
The share capital reduction was completed on 29 January 2025.
The shares were bought back between 18 December 2024 and 6 January 2025 as part of the share buyback offer.
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Following the cancellation of these shares, OVH Groupe’s share capital amounts to €151,651,536, comprising 151,651,536 shares, including 1,244,756 treasury shares held at 28 January 2025 under the liquidity contract and the share buyback programme entered into with Rothschild Martin Maurel.
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OVHcloud is a global cloud player and the leading European cloud provider operating over
450,000 servers within 43 data centers across 4 continents to reach 1,6 million customers in over 140 countries. Spearheading a trusted cloud and pioneering a sustainable cloud with the best performance-price ratio, the Group has been leveraging for over 20 years an integrated model that guarantees total control of its value chain: from the design of its servers to the construction and management of its data centers, including the orchestration of its fiber-optic network. This unique approach enables OVHcloud to independently cover all the uses of its customers so they can seize the benefits of an environmentally conscious model with a frugal use of resources and a carbon footprint reaching the best ratios in the industry. OVHcloud now offers customers the
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latest-generation solutions combining performance, predictable pricing, and complete data sovereignty to support their unfettered growth.
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