Orange announces that it has purchased treasury shares within the framework of its 2018 share buyback program.
These shares have been acquired to honour obligations related to the “Orange Vision 2020” free shares award plan. This 9.1 million share-plan, which is conditional on presence and performance, has been proposed to all Group employees with the aim of sharing the benefits of the "Essentials2020" strategic plan across the Group.
Name of the issuer: Orange (LEI: 969500MCOONR8990S771)
References of the share buyback program: A description of the program authorised by the shareholders’ general meeting held on 4 May 2018 (16th resolution) can be found in Orange’s 2017 registration document
Securities identifying code: Ordinary shares (ISIN: 0000133308), listed on / Euronext Paris / Compartment A (MIC: XPAR)
Start date of the program: The 16th resolution of the shareholders’ general meeting held on 4 May 2018 was activated at the Board of Directors meeting on 4 May 2018.
Cash purchases of shares from 31 May to 8 June 2018:
None of these shares were purchased as part of a share liquidity contract. Detailed information on these transactions may be found on the Orange website (https://www.orange.com/en/Investors/Stock-and-dividend/Buyback-programmes).