Orange Buys Shares for Employee Incentive Plans
News related to:Orange · 2 min read
On September 24, 2026, telecommunications giant Orange announced that it had purchased treasury shares as part of its ongoing share buyback program. These shares were acquired to fulfill obligations related to long-term incentive plans for corporate officers and senior employees. The transactions took place between September 16 and 22, 2026, and none of these purchases were made as part of a share liquidity contract.
Orange initiated its share buyback program following the activation of the 13th resolution of the Shareholders’ General Meeting held on May 19, 2026. The program, detailed in the company’s 2025 universal registration document (section 6.5), authorizes the purchase of shares to honor these obligations. The transactions took place between September 16 and 22, 2026, and none of these purchases were made as part of a share liquidity contract.
As one of the world’s leading telecommunications operators, Orange connects 340 million customers across 26 countries, including its MasOrange subsidiary. The company generated revenues of 40.4 billion euros in 2025. Orange is a European leader in fiber, with 100 million connectable households, and offers convergent offers. In France, the company serves 34 million customers and has been ranked No. 1 by the regulator Arcep for the quality of its mobile network for the 15th consecutive year.
In Africa and the Middle East, Orange serves nearly 180 million customers, serving as a key driver of the Group’s growth. The company promotes digital and financial inclusion through its connected solutions. As a committed innovator, Orange relies on 700 researchers and holds a portfolio of 11,000 patents. The company is listed on Euronext Paris (symbol ORA).
This share buyback program is part of Orange’s broader strategy to engage key Group managers in the success of its strategic plan, ensuring their long-term commitment to the company’s success. The program is designed to honor obligations related to long-term incentive plans for corporate officers and senior employees, which are conditional on presence and performance.
The 13th resolution of the Shareholders’ General Meeting held on May 19, 2026, authorized the share buyback program. Detailed information on these transactions may be found on the Orange website (Orange Investors' Library). The program’s start date was activated at the Board of Directors meeting on the same day, May 19, 2026.
The transactions carried out as part of the share buyback program were conducted outside of any liquidity contract. Orange’s commitment to its employees and its strategic goals is evident in this program, which underscores the company’s dedication to long-term growth and the success of its key managers.