Virbac launches a share buyback and postpones the publication of its results


(AOF) – “We will be able to publish our mid-year results on September 28 with a two-week lag,” announced Virbac, citing the cyberattack the group suffered on June 19. The laboratory specializing in animal health announces at the same time the buyback of 100,000 of its own shares (less than 1.25% of the capital) with the main objective of “reducing the capital of the company by canceling the shares purchased”. The redemption will be for a unit purchase price not exceeding 270 euros and a total redemption volume therefore not exceeding 27 million euros.

The title is down more than 13% over three months following several downgrades of recommendations.

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