(Boursier.com) — McPhy Energya specialist in low-carbon hydrogen production and distribution equipment (electrolyzers and recharging stations), presents the description of the buyback program by the company of its own shares, established pursuant to the provisions of Articles 241-1 and 241- 2 of the General Regulations of the Autorité des Marchés Financiers which will be subject to the authorization of the general meeting of shareholders of May 24, 2023.
The implementation of the Program falls within the framework, in particular, of Articles L. 22-10-62 and following of the French Commercial Code, Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16, 2014 on market abuse and Articles 241-1 to 241-7 of the General Regulations of the Autorité des Marchés Financiers.
As of April 30, 2023, all of the treasury shares held by the company (i.e. 78,461 shares, representing 0.28% of its share capital) were held under the liquidity contract and thus all allocated to the objective of market animation.
The company does not use derivative products to buy back its own shares.
It is specified that the operations carried out under the buyback program in force to date are detailed in the company’s 2022 Universal Registration Document (paragraph 7.5.2).
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