Kering: Interim Dividend for Financial Year 2020 repurchase of Own Shares for Allocation to Free Share Grant Programs for th...
10 Dezembro 2020 - 1:40PM
Business Wire
Regulatory News:
The Board of Directors of Kering (Paris:KER), at its meeting of
December 10, 2020, has declared an interim dividend for financial
year 2020, in line with Kering’s dividend distribution policy of
recent years. The interim dividend will amount to €2.50 per
share.
The interim dividend will be paid on January 21, 2021 on
positions recorded as of January 20, 2021 after market close. The
ex-dividend date will be January 19, 2021 before trading. The
balance of the dividend for financial year 2020 will be proposed by
the Board of Directors of February 16, 2021 for approval by the
Annual General Meeting of April 22, 2021.
Moreover, within the scope of its share repurchase program
authorized by the June 16, 2020 shareholders' meeting (16th
resolution), Kering has entrusted an investment service provider to
acquire up to 50,000 ordinary Kering shares, representing 0.04% of
its share capital as at November 15, 2020, no later than March 31,
2021 and subject to market conditions. These shares will be
allocated to free share grant programs to some employees. The unit
purchase price may not exceed the maximum set by the June 16, 2020
shareholders' meeting.
About Kering A global Luxury group, Kering manages the
development of a series of renowned Houses in Fashion, Leather
Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta,
Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo,
Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear.
By placing creativity at the heart of its strategy, Kering enables
its Houses to set new limits in terms of their creative expression
while crafting tomorrow’s Luxury in a sustainable and responsible
way. We capture these beliefs in our signature: “Empowering
Imagination”. In 2019, Kering had nearly 38,000 employees and
revenue of €15.9 billion.
www.kering.com Twitter: @KeringGroup LinkedIn: Kering Instagram:
@kering_official YouTube: KeringGroup
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version on businesswire.com: https://www.businesswire.com/news/home/20201210005765/en/
Press Emilie Gargatte +33 (0)1 45 64 61 20
emilie.gargatte@kering.com Marie de Montreynaud +33 (0)1 45 64 62
53 marie.demontreynaud@kering.com
Analysts/investors Claire Roblet +33 (0)1 45 64 61 49
claire.roblet@kering.com Laura Levy +33 (0)1 45 64 60 45
laura.levy@kering.com
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