FORVIA launches buyback of up to 1 million shares

Corporate Action

โดย Yahoo Finance·

Summary · why it matters

FORVIA has signed a mandate with an investment services provider to buy back up to 1,000,000 of its own shares between September 3 and September 18, 2026, as part of the buyback program approved by shareholders on June 4, 2026. The repurchased shares will be used to hedge commitments under performance share plans or other long-term incentive plans for employees and corporate officers. The program details are in the 2025 Universal Registration Document filed with the French markets regulator on March 13, 2026. FORVIA, a global automotive technology supplier with over 137,500 employees and 2025 revenue of 26.2 billion euros, is listed on Euronext Paris under the ticker FRVIA.

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