IBA – ACQUISITION OF OWN SHARES COMPLETION OF THE SHARE BUYBACK PROGRAM
10 Mars 2022 - 07:25PM
IBA – ACQUISITION OF OWN SHARES COMPLETION OF THE SHARE BUYBACK
PROGRAM
Immediate Release – March 10th, 2022
Louvain-la-Neuve, Belgium, March
10th, 2022 - In accordance with article 8:4 of
the Royal Decree of 29 April 2019 executing the Belgian Code on
Companies and Associations, Ion Beam Applications SA (“IBA”) hereby
discloses information in relation to its share buyback program
announced on December 3rd, 2021.
Under this program, IBA has requested a
financial intermediary to repurchase up to 400.000 IBA ordinary
shares on its behalf under the terms of a discretionary mandate
agreement with validity until June 30th, 2022, effective as from
December 6th, 2021, to cover the remaining portion of the company’s
obligation of shares delivery as part of a long-term incentive plan
granted to certain employees in 2021 in the form of stock
options.
In the framework of this share buyback program,
IBA repurchased 15.595 IBA shares on Euronext Brussels in the
period from March 7th, 2022, up to and including March 8th, 2022,
as follows:
The total number of shares purchased under this
program therefore amounts to 400.000 which terminates the
program, at an average price of 16,4532 EUR/share. As a result, the
current situation with respect to treasury shares (held directly by
IBA SA and indirectly through its subsidiary IBA Investments SCRL)
is the following:
About IBAIBA (Ion Beam
Applications S.A.) is the world leader in particle accelerator
technology. The company is the leading supplier of equipment and
services in the field of proton therapy, considered to be the most
advanced form of radiation therapy available today. IBA is also a
leading player in the fields of industrial sterilization,
radiopharmaceuticals and dosimetry. The company, based in
Louvain-la-Neuve, Belgium, employs approximately 1,500 people
worldwide. IBA is a certified B Corporation (B Corp) meeting the
highest standards of verified social and environmental
performance.
IBA is listed on the pan-European stock exchange
EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB).
More information can be found at:
www.iba-worldwide.com
Contact person
IBAChristian
Matton,IBA Chief Legal
Officershareholderrelations@iba-group.com
- Press release EN AOOS 20220310
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