PARIS, 31 July 2024 – 8:00 am- EKINOPS (Euronext Paris - FR0011466069 - EKI), a leading supplier of telecommunications solutions for telecom operators and enterprises, announces the reactivation of its share buyback program, under the program adopted by the Combined General Meeting of 23 May 2024 (11th resolution).
The company sees that, given its H1 2024 financial results, the strength of its balance sheet and the Group's outlook, the time is right to reactivate the share buyback program. This program will start immediately, and shares will be purchased on the market.
A description of the share buyback program adopted by the Combined General Meeting of 24 May 2024 is given in the Universal Registration Document 2023, filed with the French Financial Markets Authority (AMF) on 26 March 2024 under registration number D.24-0179. The Universal Registration Document can be consulted on Ekinops’ website, www.ekinops.com, in Shareholders section, under Financial documents and regulated information.
About Ekinops
Ekinops is a leading provider of open, trusted and innovative network connectivity solutions to service providers around the world. Our programmable and highly scalable solutions enable the fast, flexible, and cost-effective deployment of new services for both high-speed, high-capacity optical transport as well as virtualization-enabled managed enterprise services.
Our product portfolio consists of three highly complementary product and service sets: EKINOPS360, OneAccess and Compose.
- EKINOPS360 provides optical transport solutions for metro, regional and long-distance networks with WDM for high-capacity point-to-point, ring, and optical mesh architectures, and OTN for improved bandwidth utilization and efficient multi-service aggregation.
- OneAccess offers a wide choice of physical and virtualized deployment options for access network functions.
- Compose supports service providers in making their networks software-defined with a variety of software management tools and services, including the scalable SD-WAN Xpress and SixSq Edge-to-Cloud solutions.
As service providers embrace SDN and NFV deployment models, Ekinops enables future-proofed deployment today, enabling operators to seamlessly migrate to an open, virtualized delivery model at a time of their choosing.
A global organization, Ekinops (EKI) - a public company traded on the Euronext Paris exchange operates on four continents.
Name : EKINOPS
ISIN Code : FR0011466069
Mnemonic code : EKI
Number of shares: 26,994,049