Ipsen Initiates a Share Buy-Back Program to Cover Its Employee Free Share-Allocation Plan

On June 1, 2022 Ipsen (Euronext: IPN; ADR: IPSEY) reported that it has appointed an investment-services provider to purchase 125,000 Ipsen S.A. shares, or about 0.15% of the share capital, over a maximum period of three months (Press release, Ipsen, JUN 1, 2022, View Source [SID1234615290]). The shares purchased under this agreement will be allocated mainly to cover its employee free share-allocation plan.

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This program is made pursuant to the authorization granted by the Combined Shareholders’ meeting, held on May 24th, 2022.