Recently, Italian software and services company Reply S.p.A. convened its annual general meeting in Turin, where the 2024 financial report was formally approved. The company confirmed that a tax-free dividend of 1.15 euros per share will be distributed, with the payment date set for May 21, 2025. The record date is May 19, 2025, and the registration date is May 20, 2025. Key Financial Data for 2024 In 2024, Reply Group's consolidated revenue reached 2.2959 billion euros, representing an 8.4% increase from the previous year's 2.118 billion euros. The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a significant 16.6% growth, rising from 325.1 million euros in 2023 to 410.6 million euros in 2024. Similarly, the earnings before interest and taxes (EBIT) increased by 12.9%, from 292.7 million euros in 2023 to 330.4 million euros in 2024. The net profit for the year was 211.1 million euros, up 13.1% from 186.7 million euros in 2023. These financial results underscore Reply's robust performance and strategic focus on digital transformation technologies. The company has consistently invested in cutting-edge solutions and services, positioning itself as a leader in the tech industry. New Share Repurchase Plan The annual general meeting also approved a new share repurchase and transfer plan, which supersedes the existing plan authorized on April 23, 2024. The primary objectives of this plan include supporting equity incentive programs, stock investment transactions, special financial deals, and agreements with strategic partners. The plan has a validity period of 18 months from the date of approval, allowing Reply Group to repurchase a maximum of 3,607,950 ordinary shares, or 9.64398% of the current share capital. The nominal value of each share is 0.13 euros, with a total nominal value cap of 469,033.5 euros. The financial commitment for the plan is capped at 550 million euros. To ensure fair market conditions, the repurchase price cannot be lower than the nominal value of 0.13 euros per share or exceed 20% above the official closing price recorded on the previous trading day on the MTA market, a segment of the Milan Stock Exchange. Approval of the Remuneration Report Alongside the new share repurchase plan, the annual general meeting unanimously approved the second part of the Remuneration Report, prepared in accordance with Italian Legislative Decree No. 123-ter. This report details the compensation structures and practices within the company, ensuring transparency and alignment with regulatory requirements. Financial Confirmation Statement Giuseppe Veneziano, the company's financial reporting officer, confirmed that the financial data presented in the announcement is consistent with the company's books, records, and accounting practices, meeting the criteria outlined in Italian Finance Act Provision 154-bis. Industry Evaluation and Company Profile Industry experts have commended Reply S.p.A.'s financial performance and new share repurchase plan. They see these moves as indicators of the company's strong market position and confidence in its future growth. Founded in 1991 and headquartered in Turin, Italy, Reply specializes in designing and implementing solutions based on new communication channels and digital media. The company offers a range of services, including consulting, systems integration, and digital services, serving major industrial groups across Europe. Its expertise spans several areas, such as artificial intelligence, cloud computing, digital media, and the Internet of Things (IoT), making it a valuable partner for clients in diverse sectors like telecommunications and media, manufacturing and services, banking, insurance, and public administration. The company's global business network and technological acumen have been instrumental in its success. Its website, www.reply.com, highlights its comprehensive service offerings and worldwide operations. With a focus on innovation and client-centric solutions, Reply continues to expand its footprint in the digital services market, reinforcing its status as a leading player in the technology sector. This annual general meeting serves as a testament to Reply S.p.A.'s commitment to sound financial management and strategic business growth. The approval of the financial statements and the new share repurchase plan reflect the company's intention to maintain its leadership and drive further expansion in the rapidly evolving tech landscape. In summary, Reply S.p.A.'s 2024 financials demonstrate significant growth across key metrics, solidifying its role in the digital transformation space. The new share repurchase plan and remuneration report approval align with the company's ongoing efforts to reward shareholders and ensure operational transparency, while its continued investment in AI, cloud, and IoT technologies positions it for sustained success in the coming years. Industry insiders view these developments positively, indicating strong confidence in Reply's ability to navigate and capitalize on emerging trends in the technology sector.