Teleperformance SE executes share repurchase

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Teleperformance SE executes share repurchase
Credit: © Reuters.

PARIS - Teleperformance SE (Paris:TEP), a global leader in digital business services, has conducted a share buyback, as part of its repurchase program announced on August 2, 2023. The repurchase was carried out under the authorization granted by the Shareholders' Meeting on April 13, 2023, with the intention of canceling the acquired shares.

The company has repurchased shares on three separate occasions. On December 29, 2023, Teleperformance SE bought back 9,891 shares at an average price of €133.0008 per share ($1 = €0.91). The following trading session on January 3, 2024, saw the company acquire an additional 12,458 shares, this time at a lower average price of €127.6589. The most recent transaction occurred on January 4, 2024, with 5,000 shares repurchased at an average price of €129.6250. In total, the company has bought back 27,349 shares at an average price of €129.9503, as per the transactions conducted on the Euronext Paris exchange (XPAR).

Teleperformance is known for its extensive portfolio of AI-powered services, including customer care and back-office functions, as well as specialized services like interpreting and localization, visa and consular services, and recruitment process outsourcing.

In 2022, Teleperformance reported a consolidated revenue of approximately €8.154 billion (US$8.6 billion) and a net profit of €645 million. Its shares are included in multiple indices such as the CAC 40 and STOXX 600 and are recognized for their corporate social responsibility, featuring in indices like the CAC 40 ESG and Euronext Vigeo Euro 120.

The information for this article is based on a press release statement issued by Teleperformance SE.

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