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Lectra Sets €14 Million Cap for New Natixis Share Buyback Mandate

The cap includes €1,544,635 left unused under the previous mandate. Shareholders authorized the program in April.

Updated 1 min read
Office frontage on Rue Chalgrin marks Lectra’s headquarters in Paris, France. / EconoTimes.ai
Office frontage on Rue Chalgrin marks Lectra’s headquarters in Paris, France. / EconoTimes.ai

Lectra has appointed Natixis to buy as much as €14,044,635 of its shares from Monday, Nov. 9, under a program approved by shareholders earlier this year.

Lectra said in a Nov. 6 announcement that the cap includes €1,544,635 not used under the previous mandate.

The company’s Combined Shareholders’ Meeting authorized the program April 29, 2026. Lectra launched it May 5 and amended it Aug. 31.

Lectra said it will publish information about transactions under the program as regulations require and post the details in the Investors / Regulated Information section of its website.

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