![top_image](https://cenergyholdings.com/wp-content/uploads/2021/10/MicrosoftTeams-image-2-1920x780.jpg)
News
Cenergy Holdings reports on the progress of its Share Buyback Program
Brussels, 27 August 2024
REGULATED INFORMATION
INSIDE INFORMATION
The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.
Cenergy Holdings SA (Euronext Brussels, Athens Stock Exchange: CENER), hereafter “Cenergy Holdings” or “the Company” hereby discloses certain information in relation to its share buyback program announced on July 24, 2024, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The share buyback program is implemented in accordance with industry best practices and in compliance with the applicable buyback rules and regulations. Two independent financial intermediaries are appointed to repurchase the Company’s shares on the basis of a discretionary mandate.
Cenergy Holdings announces that in the period from August 19, 2024 up to and including August 23, 2024, the Company purchased 5,600 Cenergy Holdings’ shares on Euronext Brussels and the Athens Stock Exchange. The shares were repurchased at an average price of €9.9781 per share for a total consideration of €55,877.24.
775 shares were repurchased through Euronext Brussels:
4,825 shares were repurchased through the Athens Stock Exchange:
Cenergy Holdings currently holds 20,805 own shares. This corresponds to 0.0109% of the total shares outstanding.
The repurchased shares under this program will be used to allow for granting remuneration in shares in accordance with the Company’s approved remuneration policy.
The overview relating to the share buy-back program is available on the Company’s website
( https://cenergyholdings.com/investors/shareholders-information/share-buyback/ ) and will be updated on a weekly basis.
About Cenergy Holdings
Cenergy Holdings is a Belgian holding company listed on both Euronext Brussels and Athens Stock Exchange, investing in leading industrial companies, focusing on the growing global demand of energy transfer, renewables and data transmission. The Cenergy Holdings portfolio consists of Corinth Pipeworks and Hellenic Cables, companies positioned at the forefront of their respective high growth sectors. Hellenic Cables is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables. Corinth Pipeworks is a world leader in steel pipe manufacturing for the energy sector and major producer of steel hollow sections for the construction sector. For more information, please visit our website at www.cenergyholdings.com.