LegalNacon
Formulaire type de déclaration des programmes de rachats
1 Mar 20231 pages~1 min full read
As of the end of March 2023, Nacon held 69,558 treasury shares, representing approximately 0.08% of the company's total share capital.
During March 2023, Nacon acquired 56,177 shares and sold 57,471 shares, resulting in a net decrease from the starting balance of 70,852 shares.
The reported share buyback activity was conducted under a program originally initiated by Nacon on March 27, 2020.
No shares were cancelled, transferred for employee stock options, or used for debt securities during the March 2023 reporting period.
There were no share buyback transactions involving company executives or entities holding more than 10% of Nacon's capital.
The high volume of trading relative to the total treasury position indicates active management of the program to support market liquidity or stabilize share value.
Nacon, a prominent entity in the video game industry, executed a series of share buyback transactions throughout March 2023 as part of a program originally initiated on March 27, 2020. This regulatory filing, submitted in accordance with Autorité des Marchés Financiers standards, details the monthly fluctuations in the company’s treasury shares. At the beginning of the period, the issuer held a balance of 70,852 shares. Over the course of the month, the company acquired 56,177 shares and sold 57,471 shares, resulting in a slight net decrease in its total holdings.
The cumulative position at the time of the declaration stood at 69,558 shares, representing approximately 0.08% of the company’s total share capital. The data indicates that no shares were cancelled or transferred for employee stock options or debt securities during this specific timeframe. Furthermore, the issuer reported no buyback transactions involving individuals or entities holding more than 10% of the capital, nor any transactions involving company executives.
The scope of this activity is limited to the French equity market where Nacon is listed, focusing exclusively on the issuer's own ordinary shares. The methodology follows standard European financial reporting requirements for share repurchase programs, providing transparency regarding liquidity and capital management. These figures reflect a high volume of trading activity relative to the total treasury position, suggesting active management of the share buyback program to support market liquidity or stabilize share value during the first quarter of 2023.
