Constellium SE Announces New $300 Million Share Repurchase Program

Constellium SE's Board of Directors has authorized a new share repurchase program of up to $300 million. This program will commence after the 2026 Annual General Meeting of Shareholders on May 21, 2026, and will expire on December 31, 2028. It will replace the existing program initiated in February 2024. The company retains the ability to repurchase shares under the current program until the new one becomes effective. The new program allows for repurchases through open market or privately-negotiated transactions, in compliance with applicable laws, and may include Rule 10b5-1 plans. The timing and amount of repurchases will depend on market conditions and other factors. The board may modify, suspend, extend, or terminate the program at any time. Shareholder approval will be sought annually for the execution of the program.