(CercleFinance.com) – The Share Buyback Program announced on August 25, 2021 with the objective of buying back up to 2.0% of the share capital over a period of 24 months was finalized on December 15, 2022, announces Kering .
Between August 25, 2021 and December 15, 2022, the Company bought back 2.6 million shares.
Of these repurchased shares, 1,050,000 shares have already been cancelled.
It will be proposed at the next meeting of the Board of Directors on February 14, 2023 that an additional 650,000 shares will also be cancelled, bringing the total number of shares canceled to 1.7 million.
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