Voyageurs du Monde SA (ENXTPA:ALVDM) announces a share repurchase program. Under the program, the company will repurchase up to 866,666 shares, for a total of ?130 million. The shares will be repurchased at a price of ?150 per share.

The purpose of the offer is to reduce the company's excess cash, to redistribute part of the value created over the last two years to shareholders who wish it and to offer a significant liquidity window for shareholders who wish to monetize all or part of their participation in the capital of the company in a context of low liquidity of the stock. The offer will be financed entirely by its available cash flow. The repurchased shares will be cancelled.

The program is subject to the approval of the Autorité des Marchés Financiers (the ?AMF?) and the approval of shareholders which is to be obtained at the General Meeting scheduled to be held on June 3, 2024.