Euronext has announced the completion of a €200 million share buyback programme that began last year on 31 July. The pan-European exchange operator revealed in a press release that 2,870,787 shares, or approximately 2.7 percent of its share capital, were repurchased at an average price of €69.67 per share.
According to the press release last year that announced the launch of the buyback, the purpose was to reduce the share capital of Euronext. All shares repurchased were cancelled. The original targeted period for the programme was a year, with an aim to repurchase approximately three percent of ordinary shares, to a limit of 10 percent.