MGI Digital Technology launches share buyback program

MGI Digital Technology announced the launch of a share buyback program, targeting the acquisition of 626,273 shares, representing 10% of the capital. This initiative follows the authorization of the General Meeting of Shareholders on June 17, 2024, and the repurchased shares will be canceled. The Board of Directors has entrusted this program to the service provider Gilbert Dupont.

Despite a volatile market, MGI asserts its confidence in the future, particularly thanks to its ambitions in electronics. This acquisition is financed by the group's cash flow, without compromising its financial strength or investment capacity.