LACROIX sets buyback limits of up to 482,909 shares and €28.97 million
LACROIX's 18-month buyback allows repurchases of up to 10% of capital at no more than €60 per share, with a total cap of €28.97 million.
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what happened
According to a LACROIX release distributed via GlobeNewswire, the company's 18-month share buyback allows it to repurchase up to 482,909 shares. The price paid per share may not exceed €60, and total spending is capped at €28.97 million. The shares covered by the program amount to roughly 10% of the capital.
LACROIX currently holds 107,443 treasury shares, equal to 2.23% of its capital. The program runs until November 13, 2027. The release does not outline a purchase schedule and offers no comparison with earlier periods.
why it matters
This filing puts into effect an authorization that shareholders approved on May 13, 2026, and it does not report any completed purchases. The actual size and pace of repurchases will show whether the program matters for the stock, so for now it is mainly a formal signal rather than an event likely to move the share price right away.
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sources
- LACROIX (LACR) Sets Buyback Cap at 482,909 Shares and €28.97M — globenewswire.com, 3 November 2026 at 16:40 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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