Sopra Steria - SPPSY STOCK NEWS

Sopra Steria Group has disclosed its share buyback transactions conducted according to EU regulations. On November 3 and 4, 2021, the company repurchased a total of 6,429 shares at an average price of approximately EUR 169-170 per share across various transactions. These buybacks, facilitated through broker ODDO & CIE, are aimed at fulfilling employee share plans. The reported transactions reflect Sopra Steria's strategy to manage its shares effectively and bolster employee benefits.

Sopra Steria Group has announced the share and voting rights details as of October 31, 2021. The total number of shares is 20,547,701, with a theoretical number of voting rights totaling 26,527,841. The number of voting rights that can be exercised stands at 26,482,859. This update is in accordance with the French Commercial Code regulations.

This information is crucial for shareholders to understand their voting power within the company.

Sopra Steria Group reported consolidated revenue of €1,116.1 million for Q3 2021, marking a 13.0% total growth and an 8.9% increase at constant scope and exchange rates. The organic growth in France accelerated to 11.4%, while the UK saw a 15.4% increase. The group hired 3,710 new employees during the quarter, raising workforce by 1.5% year-over-year. Additionally, Sopra Steria plans to acquire EGGS Design and EVA Group, enhancing its presence in cybersecurity and consulting.

Sopra Steria Group has announced key upcoming financial events for 2022, including the release of its Full Year Results on February 24, 2022, and the 1st Quarter Revenue on April 29, 2022. The Shareholders’ meeting is scheduled for June 1, 2022, followed by the 2022 Half Year Results on July 28, 2022, and the 3rd Quarter Revenue on October 28, 2022. These events are crucial for investors monitoring the company's performance and outlook.

Sopra Steria Group has disclosed share transactions conducted on 15 October 2021, in compliance with market regulations. On this day, 77 shares were transferred as part of the Share Incentive Plan (SIP), aimed at providing UK employees with free shares based on their subscriptions. The transaction details regarding the weighted average price and total amount are marked as N/A. The SIP allows employees to receive one free share for each share they subscribe to, enhancing employee engagement and ownership.

Sopra Steria has entered exclusive negotiations to acquire EVA Group, a French cybersecurity firm, aiming to strengthen its position in the rapidly growing cybersecurity market. EVA Group, with a projected revenue of €33 million in 2021, specializes in consulting, audit, and training, serving 80 clients, mainly large public-sector organizations. This acquisition could propel Sopra Steria to one of the top three cybersecurity providers in France, enhancing its service offerings and client relationships. The deal is expected to close in Q4 2021, pending customary approvals.

Sopra Steria Group has released a notice under French law detailing the share and voting rights as of 31 August 2021. The total number of shares stands at 20,547,701, with a theoretical number of voting rights at 26,534,120. The number of voting rights that can be exercised is 26,486,661. This announcement serves to keep shareholders informed in compliance with regulatory requirements.

Sopra Steria Group has announced a series of key financial events for 2022, including the release dates for their Full Year Results, 1st Quarter Revenue, and Half Year Results. The Full Year Results are scheduled for February 24, 2022, while the 1st Quarter Revenue will be reported on April 29, 2022. The 2022 Half Year Results are due on July 28, 2022. Additionally, a Shareholders’ meeting is set for May 25, 2022. These events will be conducted via webcast or conference call.