IDEAL HOLDINGS S.A., following its previous announcement on the expiry of the earlier mandate, said the company’s Board of Directors had reappointed Piraeus Securities S.A. as Lead Broker for its share buyback programme. The programme was approved by shareholders at the Annual General Meeting on 5 June 2025.
The new mandate runs from 9 November 2026 to 4 June 2027 and covers the purchase of up to 1,716,396 additional treasury shares. The minimum purchase price has been set at €4.00 and the maximum price at €7.00 per share. If all the shares are acquired at the maximum price, the total consideration will be €12,014,772, although the company is not obliged to acquire all of them.
The company currently holds 1,083,800 treasury shares. Following the new purchases, its total holding of treasury shares will not exceed 2,800,196 shares, equivalent to 5% of its share capital.
Execution terms
The Lead Broker will carry out the transactions through Euronext Athens, deciding independently on their timing and method of execution, without direction or influence from the company. Purchases will be subject to the terms of the programme and the price and volume restrictions in force at the time.