MADRID, 1 Mar. (EUROPA PRESS) -

The board of directors of Acciona has agreed to carry out a temporary program to buy back its own shares for a maximum monetary amount of 70 million euros, as the company has informed the National Stock Market Commission (CNMV).

Specifically, this program will affect a maximum of 403,318 shares, representing approximately 0.735% of the company's current share capital.

As explained by the company chaired by José Manuel Entrecanales, the purpose of this buyback program is to fulfill the obligations that may arise from the plans to deliver shares to directors and employees of the Group, excluding executive directors.

This program will remain in force until December 31, 2024, although Acciona reserves the right to end it if before that date it has acquired the maximum number of authorized shares or if any circumstance occurs that makes it advisable.

The shares will be purchased at market price and no more than 25% of the average daily volume of the shares in the trading center where the purchase is made in the 20 trading sessions prior to the acquisition date may be purchased on any trading day. limit that will apply to the entire buyback program.

Acciona also reserves the right to increase the maximum number of shares affected by the program and their maximum monetary amount, with prior agreement of the board of directors.

The company has entrusted the management of the buyback program to Bestinver, who will carry out share acquisitions on behalf of the company and will make all purchase decisions independently.