Athens, Greece – July 01, 2024 –FOURLIS HOLDINGS S.A. (Bloomberg: FOYRK:GA - Reuters: FRLr.AT - ISIN: GRS096003009), pursuant to the resolutions of the Annual General Shareholders Meeting of June 16th 2023 and of the Board of Directors of May 20th 2024, announces the initiation of the implementation of the Share Buyback Program, under which the Company intends to acquire own shares, in accordance with the provisions of article 49 of Law No. 4548/2018, as in force.
According to the program, the maximum number of shares that can be acquired is 2,606,597 shares (i.e. 5% of the paid-up share capital, including the shares previously acquired and retained by the Company, which currently amount to 1,766,602), with a minimum purchase price of one euro (€ 1.00) per share and a maximum purchase price of eight euros (€ 8.00) per share and an expiration date of June 16th 2025.
The purchases will be made in accordance with the applicable regulatory framework and in particular with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016.