Coface SA

Coface SA, through its subsidiaries, provides trade credit insurance products and services to small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. Its offerings include insurance products such as TradeLiner, EasyLiner, GlobaLiner, CofaNet, Coface Dashboard, CofaMove, CofaServe, and AlyX, as well as Single Risk medium-term insurance for commercial and political risks. The company also provides business information, debt collection, factoring, and surety bonds services, along with tools like Urba360, Full report, Snapshot report, Score, Credit Opinions, compliance control tools, Portfolio Insights, Selectio, and Economic Insights. It operates in Western Europe, Africa, Northern Europe, Central and Eastern Europe, the Mediterranean, North America, Latin America, and the Asia-Pacific. Coface SA was founded in 1946 and is headquartered in Bois-Colombes, France.

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Coface SA appoints Hugh Sturgess and Christine Todd to its Board of Directors

Coface SA has co-opted Hugh Sturgess and Christine Todd as non-independent directors to its Board of Directors, replacing David Gansberg and Marcy Rathman respectively. The appointments were made during the Board's meeting on July 30, 2026. Hugh Sturgess is the Chief Executive Officer of Arch Insurance International, and Christine Todd serves as Chief Investment Officer of Arch Capital Group Ltd. The Board remains composed of 10 members, equally split between five women and five men, with a majority of six independent directors.

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Coface SA Launches 2026-2027 Share Buyback Program

Coface SA has launched its 2026-2027 Share Buyback Program, authorized by the Shareholders' Combined General Meeting on May 19, 2026, and implemented by the Board of Directors on July 30, 2026. The program allows the company to repurchase up to 10% of its share capital, representing a maximum of 15,017,979 shares as of June 30, 2026, at a maximum price of €30 per share. Objectives include ensuring liquidity through a liquidity agreement, allocating shares to employees and corporate officers, and canceling shares. The program will run for a maximum of 18 months, expiring no later than November 18, 2027.

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