Press Release Orange: Transactions carried out as part of a share buyback program and outside of a liquidity contract
14 Diciembre 2023 - 1:08PM
Press Release Orange: Transactions carried out as part of a share
buyback program and outside of a liquidity contract
Press releaseParis, 14th December 2023
Transactions carried out as part of a
share buyback program and outside of a liquidity
contract
Orange announces that it has purchased treasury
shares within the framework of its 2023 share buyback program.
These shares have been acquired to honour
obligations related to long-term incentive plans for corporate
officers and senior employees. The long-term incentive plans, which
are conditional on presence and performance, were set up with the
aim of involving Group key managers in the success of its strategic
plan.
Name of the issuer: Orange
(LEI: 969500MCOONR8990S771)References of the share buyback
program: A description of the program authorised by the
Shareholders’ General Meeting held on 23 May 2023 (19th resolution)
can be found in Orange’s 2022 universal registration document
(section 6.5)Securities identifying code: Ordinary
shares (ISIN: 0000133308), listed on Euronext Paris / Compartment
AStart date of the program: The 19th resolution of
the shareholders’ general meeting held on 23 May 2023 was activated
at the Board of Directors meeting on 23 May 2023
Cash purchases of shares from 13th to
14th December 2023:
Trading date |
Type of transaction |
Number of shares |
Daily weighted average purchase price (€) |
Amount (€) |
13 December 2023 |
Purchase |
874,441 |
10.8561 € |
9,493,018.94€ |
14 December 2023 |
Purchase |
425,559 |
10.6906 € |
4,549,481.05 € |
Total |
Purchase |
1,300,000 |
10.8019 € |
14,042,499.99 € |
None of these shares were purchased as part of a
share liquidity contract. Detailed information on these
transactions may be found on the Orange website (Investors' Library
(orange.com)).
About Orange
Orange is one of the world’s leading telecommunications
operators with revenues of 43.5 billion euros in 2022 and 137,000
employees worldwide at 30 September 2023, including 73,000
employees in France. The Group has a total customer base of 296
million customers worldwide at 30 September 2023, including 251
million mobile customers and 25 million fixed broadband customers.
The Group is present in 26 countries. Orange is also a leading
provider of global IT and telecommunication services to
multinational companies under the brand Orange Business. In
February 2023, the Group presented its strategic plan « Lead the
Future », built on a new business model and guided by
responsibility and efficiency. « Lead the Future » capitalizes on
network excellence to reinforce Orange's leadership in service
quality.
Orange is listed on Euronext Paris (symbol ORA) and on the New
York Stock Exchange (symbol ORAN).For more information on the
internet and on your mobile: www.orange.com,
www.orange-business.com, and the Orange News app or to follow us on
Twitter: @orangegrouppr.Orange and any other Orange product or
service names included in this material are trademarks of Orange or
Orange Brand Services Limited.
Press contacts:
Tom Wright tom.wright@orange.com Caroline
Cellier caroline.cellier@orange.com
- Orange_Share_BuyBack_2023.12.14
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