PARIS - Eutelsat Communications (OTC:EUTLF) (Paris:ETL) (LSE:ETL), a global satellite communications leader, disclosed its half-year liquidity contract figures with BNP Paribas (OTC:BNPQY), showing a cash balance of €757,381 and 391,814 shares on the liquidity account as of December 31, 2024. This marks a change from the last biannual report on June 30, 2024, which recorded a higher cash balance of €890,555 and 497,082 shares.
The second half of 2024 saw Eutelsat engage in 2,501 buy transactions totaling 1,530,491 shares for €5,704,936 and 2,133 sell transactions totaling 1,468,727 shares for €5,578,937. The first half of the same year recorded similar activity, with 1,529,841 shares bought and 1,465,638 shares sold.
These figures are part of a liquidity contract that Eutelsat has had with BNP Paribas since the implementation of the AMF 2018-1 decision on December 31, 2018. At that time, the liquidity account held 194,142 shares and a cash balance of €2,457,869.
Eutelsat Group, headquartered in Paris, operates a fleet of 35 geostationary (GEO) satellites and more than 600 Low Earth Orbit (LEO) satellites following its combination with OneWeb in 2023. The integrated GEO-LEO satellite operator serves customers across Video, Mobile Connectivity, Fixed Connectivity, and Government Services sectors. The company broadcasts over 6,500 television channels and employs more than 1,500 people from over 50 countries.
The information presented is based on a press release statement from Eutelsat Communications.
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