Kering: Extension of the Repurchase of Own Shares for Allocation to Free Share Grant Programs for the Benefit of Employees
21 Dezembro 2020 - 2:10PM
Business Wire
Regulatory News:
Kering (Paris:KER):
Within the scope of its share repurchase program authorized by
the June 16, 2020 shareholders' meeting (16th resolution), Kering
has decided to extend the initial mandate entrusted to an
investment service provider (press release dated December 10, 2020,
related to 50,000 shares which have been repurchased between
December 11 and 16) to acquire up to 75,000 additional ordinary
Kering shares, representing 0.06% of its share capital as at
December 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/20201221005621/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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