(Boursier.com) — Publicis Groupe announces the implementation of a program relating to the purchase of 2 million shares, or approximately 0.8% of its share capital as of December 31, 2023. Publicis Groupe has entrusted a mandate to an Investment Services Provider for its realization.
This program aims to meet the obligations linked to current free share plans for the benefit of employees, without issuing new shares.
This program will begin on February 9, 2024 and end no later than May 31, 2024. At the current price, these actions represent a value of around 200 million euros which will be financed by the Group’s cash resources.
This program is in compliance with the Market Abuse Regulations and within the framework of the 18th resolution of the General Meeting of Shareholders of May 31, 2023.
The description of the share buyback program authorized by the Ordinary General Meeting of May 31, 2023 is available in the 2022 Universal Registration Document (section 8.3.3) published here on the Group’s website.
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