Kering: launch of a 2nd tranche of share buybacks – 02/23/2022 at 14:35


(CercleFinance.com) – As part of the share buyback program announced on August 25, Kering announces the establishment, with an investment services provider, of a new share purchase agreement corresponding to a second phase of the program.

This second tranche relates to a maximum volume of 650,000 shares, or approximately 0.5% of the share capital on February 15, at a maximum price set at 1,000 euros. It is expected that purchases will begin this February 23 for a period that may last until April 26 at the latest.

The shares thus repurchased within the framework of this second tranche will be partly intended to be cancelled. The other part of the repurchased shares will be allocated to employee equity compensation plans.



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