Core Points - Societe Generale initiated a share buyback program amounting to EUR 872 million aimed at share cancellation, starting from February 10, 2025 [1][2] - The buyback program is authorized by supervisory authorities and complies with the conditions set forth in the General Meeting of May 22, 2024 [2] - As of February 14, 2025, Societe Generale completed 12% of its buyback program, which represents 0.4% of its total share capital [3] Buyback Details - The buyback transactions occurred from February 10 to February 14, 2025, with a total of 2,827,803 shares repurchased at a daily weighted average price of EUR 36.6008 [4][5] - The daily breakdown of shares purchased includes: - February 10: 601,244 shares at prices ranging from EUR 35.7415 to EUR 35.7792 [4] - February 11: 594,546 shares at prices ranging from EUR 36.1305 to EUR 36.1667 [5] - February 12: 525,676 shares at prices ranging from EUR 37.0716 to EUR 37.1056 [5] - February 13: 550,947 shares at prices ranging from EUR 37.1090 to EUR 37.2202 [5] - February 14: 545,390 shares at prices ranging from EUR 36.9096 to EUR 36.9131 [5] Company Overview - Societe Generale is a leading European bank with over 126,000 employees serving approximately 25 million clients across 65 countries [6] - The bank offers a wide range of financial solutions and is committed to sustainable value creation for its stakeholders [6][7] - Societe Generale operates three main business segments: French Retail Banking, Global Banking and Investor Solutions, and International Retail Banking and Financial Services, with a focus on ESG offerings [7][8]
Societe Generale: Information regarding executed transactions within the framework of a share buyback program (outside the liquidity agreement)