Teleperformance SE: Statement on Transactions on Own Shares Carried out from June 23 to June 27, 2025 (inclusive)

Teleperformance SE repurchased 224,072 of its own shares on Euronext Paris between June 23 and June 27, 2025, at an average weighted price of €78.7772 per share. These buybacks were conducted under the share repurchase program authorized by the May 21, 2025 Shareholders’ Meeting, specifically for the coverage of performance share plans. This strategic move helps manage potential dilution from employee compensation and aligns with the company's capital management objectives.

Analysis

Teleperformance SE executed a share repurchase program between June 23 and June 27, 2025, acquiring 224,072 shares at a weighted average price of €78.7772. This action, authorized by the May 2025 Shareholders' Meeting, is explicitly intended to cover performance share plans, indicating a routine capital management strategy to mitigate dilution from employee compensation rather than an aggressive signal of undervaluation. The daily transaction data shows a consistent purchase pattern with prices escalating from €75.14 to €80.87 over the five-day period, providing a technical support level. The transaction occurs against a backdrop of the company's 2024 performance, which included €10.28 billion in revenue and €523 million in net profit. The company's self-positioning as an AI-powered digital services leader and its inclusion in prominent ESG indices like the CAC 40 ESG and FTSE4Good remain key components of its investment profile, with the buyback representing a minor, albeit positive, operational data point.

Key Decisions for Investors

• Investors should view this share buyback as a routine anti-dilutive measure for employee compensation plans, not as a significant bullish catalyst for immediate share price appreciation.
• The consistent purchases in the €75-€81 price range establish a recent support level; continued activity under this program could provide a near-term floor for the stock.
• The core investment thesis should remain focused on the company's ability to execute its AI-driven strategy and maintain its fundamental performance, as the scale of this buyback is insufficient to materially alter the company's valuation on its own.