Amar Family Office Buys Stake in JCDecaux SE, Company Also Buys Back Own Shares
Amar Family Office acquired 873,491 JCDecaux SE shares, while the outdoor advertising company repurchased a nearly equal number of its own shares. The transaction increases the family office's ownership and reduces the company's outstanding share count.
Amar Family Office and JCDecaux SE Announce Share Transactions
Paris, August 20, 2025 – Amar Family Office has purchased 873,491 shares in JCDecaux SE, representing 0.408% of the outdoor advertising company's capital. The transaction was executed at €14.75 per share. Concurrently, JCDecaux SE itself acquired 873,491 of its own shares for a total of approximately €12.9 million.
The share repurchases will reduce the number of JCDecaux SE's outstanding shares. The company's treasury shares will now represent 0.475% of its capital. This buyback by JCDecaux SE was conducted under an authorization granted by the company's Annual General Meeting, which permits the repurchase of up to 10% of its shares. The acquired shares are intended for use in distributing performance shares as part of long-term incentive plans or to partially finance future mergers and acquisitions.
David Amar, Managing Director of Holgespar Luxembourg, expressed satisfaction with the investment, citing confidence in JCDecaux's business model and growth strategy. He indicated the family's intention to continue increasing its stake in the company over the long term. Jean-François Decaux, Chairman of JCDecaux's Executive Board and Co-CEO, welcomed the Amar family as a long-term shareholder.