Eutelsat Communications reports half-year liquidity contract results

Published 03/07/2025, 16:48
Eutelsat Communications reports half-year liquidity contract results

LONDON - Eutelsat Communications (OTC:EUTLF) (Paris:ETL) (LSE:ETL) disclosed the status of its liquidity contract with BNP Paribas (OTC:BNPQY) as of June 30, 2025, according to a company statement released Thursday.

The liquidity account held 373,992 shares and a cash balance of €983,808 at the end of the first half of 2025. During this period, the company executed 2,450 buy transactions totaling 2,637,671 shares worth €9,160,782, and 2,235 sell transactions involving 2,654,025 shares valued at €9,374,988.

The report shows a decrease in shares held compared to the previous biannual report on December 31, 2024, when the account contained 391,814 shares with a cash balance of €757,381. However, the cash position increased by approximately €226,427 over the six-month period.

For comparison, the company reported that at the implementation of the AMF 2021-01 decision on July 1, 2021, the liquidity account held 353,359 shares with a cash balance of €882,749. Going further back, when the AMF 2018-1 decision was implemented on December 31, 2018, the account contained 194,142 shares and €2,457,869 in cash.

Eutelsat Group, formed through the combination of Eutelsat and OneWeb in 2023, operates a fleet of 34 geostationary satellites and a Low Earth Orbit constellation of more than 600 satellites. The company serves customers in video distribution and connectivity markets, including mobile, fixed, and government services.

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