(CercleFinance.com) – La Française de l’Energie (FDE) rose on the Paris Stock Exchange on Wednesday after initiating the implementation of its share buyback program.
The carbon-negative energy producer indicates that it repurchased 11,157 of its own shares last week, at weighted average prices ranging from 34.27 to 36.01 euros.
At the end of these operations, FDE held a little more than 1.8% of its capital.
Around 12:30 p.m., the stock rose 2.2%, while the Parisian market advanced by an average of 0.5%.
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