Soitec renews share buyback program, sets cap at EUR 357.72 million

Reuters2026/07/29 17:54

By:Reuters

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Soitec renewed its share buyback program, valid for 18 months.
Authorization allows repurchases of up to 5% of share capital at each buyback date, capped at 1,788,600 shares based on May 27, 2026.
Maximum purchase price set at EUR 200 per share, excluding costs.
Total budget capped at EUR 357.72 million, excluding costs.
Company also renewed authority to cancel repurchased shares, up to 10% of share capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soitec SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607291354OMX_____CNEWS_EN_GNW1001255085_en) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Soitec renews share buyback program, sets cap at EUR 357.72 million

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