Press release - regulated information
Barco announces start of Share Buyback Program to replenish pool of shares for stock options
Kortrijk, Belgium, 18 December 2023, 6:00 pm - Today Barco (Euronext: BAR; Reuters:
BARBt.BR; Bloomberg: BAR BB) announces that, based on the shareholder authorization granted by the Extraordinary General Meeting of 25 April 2019, the company will launch a share buyback program.
The company currently owns approximately 2.51% of its shares which it uses for stock option plans as part of its employee incentive plan. The company wants to use the repurchased shares to replenish the pool of own shares for future stock option plans.
The share buyback program will start on December 19th, 2023, and will end latest on April 24th, 2024. Barco has mandated an independent broker to execute the program on its behalf with the intention to purchase a maximum of two million (2,000,000) shares of Barco N.V.
During the course of the program, the company will inform the market about the purchased shares at regular intervals and in accordance with the applicable regulations.
Request more information
Willem Fransoo, Director Investor Relations +32 56 26 23 22 or willem.fransoo@barco.com
Financial calendar 2024
Thursday 8 February | Announcement full year 2023 and 2H23 results |
More information? Please visit our dedicated webpage https://www.barco.com/investors
About Barco
Barco is a global company with headquarters in Kortrijk (Belgium). Our visualization and collaboration technology helps professionals accelerate innovation in the healthcare and enterprise and entertainment markets. We count over 3,000 visioneers, whose passion for technology is captured in over 500 unique patents.
Barco is a listed company (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) and realized sales of 1,058 million
euro in 2022.
Interested to connect? www.barco.comor on Twitter(@Barco), LinkedIn(Barco), YouTube(BarcoTV), Instagram
(barco_nv) and Facebook(Barco).
Barco. Visioneering a bright tomorrow.
© Copyright 2023 by Barco
P 1 / 1
Barco nv | Beneluxpark 21 | B-8500 Kortrijk | Belgium
Registered office: President Kennedypark 35 | B-8500 Kortrijk | Belgium
VAT BE 0473.191.041 | RPR Gent, Section Kortrijk
www.barco.com
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Barco NV published this content on 18 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 December 2023 17:04:31 UTC.