Business

EVS Broadcast Equipment : announces share buyback program of up to EUR 5 million

EVS Broadcast Equipment : announces share buyback program of up to EUR 5

Evs Broadcast Equipment SaApril 13, 20264
EVS Broadcast Equipment : announces share buyback program of up to EUR 5 million

About this update from Evs Broadcast Equipment Sa

13 Apr 2026 18:30 CEST Subscribe Issuer EVS BROADCASTING EQUIPMENT Publication on April 13th, 2026 at 18:30 CET after market closing Regulated and Inside Information EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR In line with EVS's capital allocation strategy, a new share buyback program is being launched. This new program underscores the confidence of the company in its long-term growth strategy and the ambition to optimize shareholder value. EVS, a global leader in live video production technology, announces that its Board of Directors has authorized a share repurchase program to buy back up to EUR 5 million of the company's outstanding common shares over the next 12 months. Details of the share buyback program Program size: up to EUR 5 million and up to 150.000 shares Timeframe: effective as of April 15th, 2026 with completion at the latest by April 14th, 2027 (12 months timeframe) Methods: buybacks will be conducted through open market transactions subject to market conditions and compliance with the applicable regulations and with the shareholders' authorization granted on June 7th, 2022 Funding: the program will be funded through cash reserves, ensuring continued financial flexibility for growth initiatives Strategic rationale This share buyback program reflects the Board of Directors' confidence in EVS' long-term growth trajectory and strong cash generation. The program allows the Company to acquire shares that will be held as treasury shares, providing flexibility to support long-term incentive plans, potential strategic transactions, and other corporate purposes aligned with EVS' development. Comments Serge Van Herck, CEO, comments : "The initiation of this new share buyback program reflects EVS's strong financial position and our commitment to delivering long-term value to our shareholders. This program is strategically aligned with our goal of optimizing capital allocation, demonstrating confidence in the company's growth trajectory, and enhancing shareholder returns. The Board of Directors will carefully evaluate and decide on the optimal use of the repurchased shares at a later stage. Potential options include the cancellation of the shares, their use to cover employee warrant programs, or leveraging them in future acquisition transactions. This flexibility ensures that the program supports both immediate and strategic long-term goals." Discretionary Suspension or Termination of Share Buyback Program The Company reserves the right to suspend or terminate the share buyback program at any time based on prevailing market conditions, regulatory considerations, or material developments impacting the Company. Any decision to modify or discontinue the program will be guided by the Company's assessment of its financial position, strategic priorities, and shareholder interests. For the full release click here: https://news.evs.com/en/evs-announces-share-buyback-program-of-up-to-eur-5-million/ Source EVS Provider Presspage Company Name EVS BROADC.EQUIPM. ISIN BE0003820371 Symbol EVS Market Euronext Company press releases subscription × To subscribe to Press releases from this issuer, visit the Subscription to Company news section in your account section or create an account . Cancel

View stock analysis, news, and events for Evs Broadcast Equipment Sa

More from Evs Broadcast Equipment Sa

All Evs Broadcast Equipment Sa news →