EVS Concludes Successful Share Buyback Program, Reveals Acquisition of 303,364 Shares

Published: 18 Apr 2025
EVS Broadcast Equipment finalises share buyback programme, purchasing 303,364 shares at an average of EUR 32.9637 per share.

EVS Broadcast Equipment, a Belgian company celebrated for leading the market in live video technology for broadcast and new media productions, has successfully concluded its share buyback initiative. The program was launched in November 2024 and reached completion with transactions executed between 14th and 15th April 2025. The two-day buyback resulted in the acquisition of 8,343 shares at an average price of EUR 34.8331, with the highest and lowest prices standing at EUR 35.20 and EUR 34.45 respectively. This brought the total investment to EUR 290,612. Since the inception of the program, EVS has purchased 303,364 shares at an average price of EUR 32.9637. This represents a complete fulfillment of the announced 10 million euro program. On completion of the program, the total number of own shares possessed by the company escalated to 966,337 (including 776,508 shares already owned prior to the initiation of the buyback program). Consistently delivering engaging live sports images, vibrant entertainment shows, and instant news to billions of viewers daily, EVS utilises cutting-edge technology to amplify the broadcasting experience, thereby contributing significantly to the evolution of the industry. By integrating sustainable growth strategies for its business and the sector, EVS affirms its commitment through exemplary ratings from various agencies. With a broad global reach spanning Australia, Asia, the Middle East, Europe, and North and Latin America, EVS ensure provision of top-notch sales, training, and technical support to over 100 countries, cementing its place as a top trader on Euronext Brussels. EVS Broadcast Equipment’s successful share buyback program serves as an indicator of a well-planned financial strategy, reinforcing the company’s robust standing in the industry, and providing momentum to its ongoing growth.