The Extraordinday General Meeting of shareholders of June 7, 2022 gave the following authorization to the Board of Directors (article 10 of the articles of associations):
1. The Company may acquire, pledge or dispose of its own shares in accordance with the law.
2. For a period of five (5) years from the publication in the Annexes to the Belgian Official Gazette of the decision of the extraordinary general meeting of shareholders of May 17, 2022 (or, if applicable, in case of postponement of June 7, 2022), the Board of Directors is authorised to acquire on the stock exchange or otherwise, shares in the Company up to a maximum of 20 % of the issued shares, fully paid up, at a unit price which may not be more than 20% lower than the lowest price during the last 12 months preceding the transaction and which may not be more than 20% higher than the highest closing price during the last 20 days of trading of the Company's shares on Euronext Brussels preceding the acquisition. This authorisation shall be renewable.
3. Furthermore, in accordance with article 7:218, § 1, 4° of the Belgian Companies and Associations Code, the Board of Directors is explicitly authorised to dispose of the own shares acquired by the Company to one or more specific persons other than members of staff of the Company or its subsidiaries.
4. The powers and authorisations referred to in this Article shall be extended to the acquisition and disposal of shares of the Company by one or more subsidiaries directly controlled by the Company within the meaning of the Companies and Associations Code.
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On May 6, 2020, EVS Broadcast Equipment announced the decision of its Board of Directors to start a share buyback program of its outstanding shares for a maximum amount of EUR 5 million.
The share buyback program is implemented in accordance with the authorization set forth in article 10 of the Articles of Association of the company. It started on May 15, 2020, for a period of maximum 1 years.
As of November 9, 2020, EVS Broadcast Equipment owns 928,207 own shares.
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On October 24, 2018, EVS Broadcast Equipment announced the decision of its Board of Directors to start a share buyback program of its outstanding shares for a maximum amount of EUR 10 million.
The share buyback program is implemented in accordance with the authorization set forth in article 10 of the Articles of Association of the company. It started on October 25, 2018, for a period of maximum 2 years.
This concludes the share buyback program announced in October 2018.
As of May 4, 2020, EVS Broadcast Equipment owned 607,332 own shares.
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Previous share buybacks: