The repurchase of UCB shares under this program intends to cover current and future obligations under UCB's Long Term Incentive Plans for its employees. UCB will continuously monitor both its current and future obligations under such plans in view of keeping an adequate level of treasury shares.
Under this program, UCB may acquire from time to time its common stock, for a maximum of 1,300,000 UCB shares. The share repurchases will be conducted under the terms and conditions approved by the extraordinary general shareholders' meeting of the Company held on
UCB has requested a financial intermediary to repurchase UCB shares on its behalf under the terms of a mandate agreement with initial validity until the earlier of
During the Share Repurchase Program 2024, regular updates will be published in accordance with applicable legislation.
In the framework of UCB's ongoing cash and treasury shares management, UCB may decide to enter into equity swap transactions, including during the term of this Share Repurchase Program 2024. Any such transaction will be reported in accordance with applicable legislation.
Contact:
Tel: +32 2 559 94 14
Email: antje.witte@ucb.com
Tel: +32 2 559 92 64
Email: laurent.schots@ucb.com
About UCB
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