LUXEMBOURG - Wednesday, 10. June 2026
Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR)
(BUSINESS
WIRE) -- SES has decided to launch a buyback transaction for shares via
acquisition of fiduciary depositary receipts (FDRs) to meet obligations
under SES’s Equity Based Compensation Plan (EBCP). These FDRs will be
repurchased on the basis of Article 430-15(3) of the law of 10 August
1915 on commercial companies, as amended, and will not be counted
towards the 10% limit as authorized during the annual general meeting of
shareholders held on April 2, 2026.
Under this share buyback
transaction via acquisitions of FDRs, SES may acquire up to 2,967,519
FDRs (ISIN LU0088087324) at market price for an aggregate amount not
exceeding EUR 31,158,949.50. The share buyback transaction via
acquisition of FDRs is expected to be completed before the date of the
next annual general meeting of shareholders or sooner if the maximum
number of repurchased shares is reached earlier.
The buyback will
be conducted in accordance with applicable rules and regulations,
including the Market Abuse Regulation 596/2014 and the Commission
Delegated Regulation (EU) 2016/1052. The buyback program will be
executed by an independent intermediary, Société Generale. The timing of
the buyback will depend on a variety of factors, including market
conditions.
About SES
At SES, we believe that space has
the power to make a difference. That’s why we design space solutions
that help governments protect, businesses grow, and people stay
connected—no matter where they are. With integrated multi-orbit
satellites and our global terrestrial network, we deliver resilient,
seamless connectivity and the highest quality video content to those
shaping what’s next. Following our Intelsat acquisition, we now offer
more than 100 years of combined global industry leadership—backed by a
track record of bringing innovation “firsts” to market. As a trusted
partner to customers and the global space ecosystem, SES is driving
impact that goes far beyond coverage. The company is headquartered in
Luxembourg and listed on Paris and Luxembourg stock exchanges (Ticker:
SESG). Further information is available at: www.ses.com
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Contacts
Steven Lott
Communications
Tel. +352 710 725 500
SES.Press@ses.com