Orange Buys Back €29.5 Million in Shares Under Employee Incentive Program
The announcement comes as Orange continues to strengthen its position as one of the world's leading telecommunications operators.
French telecommunications giant Orange has announced the purchase of 1.69 million of its own shares under its ongoing share buyback program. The transactions, carried out between June 12 and June 17, 2026, amounted to approximately €29.46 million and were conducted outside of any liquidity contract.
According to the company, the shares were acquired to meet obligations linked to long-term incentive plans for senior executives and key employees. These plans are designed to align management interests with the company’s strategic objectives and are subject to both performance and employment conditions.
The buyback program was authorized by shareholders during the company’s Annual General Meeting on May 19, 2026, and subsequently activated by Orange’s Board of Directors on the same day. The company purchased 575,910 shares on June 12, 700,000 shares on June 16, and 416,173 shares on June 17. The average purchase price across all transactions was €17.41 per share.
Orange emphasized that none of the repurchased shares were acquired as part of a share liquidity contract. Detailed information regarding the transactions has been made available through the company’s investor resources.
The announcement comes as Orange continues to strengthen its position as one of the world’s leading telecommunications operators. At the end of 2025, the group served approximately 340 million customers across 26 countries and generated annual revenues of €40.4 billion. The company remains a major player in broadband, mobile connectivity, cloud services, artificial intelligence, cybersecurity, and digital financial services across Europe, Africa, and the Middle East.
