Pernod Ricard: Continuation of Share Buy-back Program
16 Março 2022 - 4:30AM
Business Wire
Regulatory News:
Press Release – Paris, 16 March 2022
As part of its share buy-back program (c. €750m announced for
FY22 of which c. €250m already executed in the first half and c.
€300m executed in February and March), Pernod Ricard (Paris:RI)
has signed an agreement with an investment services provider,
whereby Pernod Ricard will undertake to acquire its own shares for
a maximum amount of c. €200m over a period starting on March
16, 2022 and possibly extending until April 6, 2022.
The price of the shares purchased under this mandate shall not
exceed the limit of €280 per share set by Pernod Ricard
Shareholders’ Meeting held on November 10, 2021.
About Pernod Ricard
Pernod Ricard is the No.2 worldwide producer of wines and
spirits with consolidated sales amounting to €8,824 million in
fiscal year FY21. The Group, which owns 16 of the Top 100 Spirits
Brands, holds one of the most prestigious and comprehensive
portfolios in the industry with over 240 premium brands distributed
across more than 160 markets. Pernod Ricard’s portfolio includes
Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal
Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey,
Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur,
Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, New
Zealand Wines, Campo Viejo, Mumm Sparkling and Kenwood wines.
Pernod Ricard’s strategy focuses on investing in long-term and
sustainable growth for all its stakeholders, remaining true to its
founding values: entrepreneurial spirit, mutual trust, and strong
sense of ethics. The Group’s decentralised organisation empowers
its 18,500 employees to be on-the-ground ambassadors of its vision
of “Créateurs de Convivialité”. Pernod Ricard 2030 Sustainability
and Responsibility roadmap “Good Times from a Good Place” is
integrated into all its activities from grain to glass, and Pernod
Ricard is recognised as a UN Global Compact LEAD participant for
its contribution to the United Nations Sustainable Development
Goals (SDGs). Pernod Ricard is listed on Euronext (Ticker: RI; ISIN
Code: FR0000120693) and is part of the CAC 40 and Eurostoxx 50
indices.
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version on businesswire.com: https://www.businesswire.com/news/home/20220315006378/en/
Florence Tresarrieu / Global SVP Investor Relations and Treasury
+33 (0) 1 70 93 17 03 Edward Mayle / Investor Relation Director +33
(0) 1 70 93 17 13 Charly Montet / Investor Relations Manager +33
(0) 1 70 93 17 13 Emmanuel Vouin / Head of External Engagement +33
(0) 1 70 93 16 34
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