Air Liquide: Share buyback
23 Março 2022 - 4:45AM
Business Wire
Regulatory News:
Air Liquide (Paris: Al) signed a share purchase agreement
with a financial institution in the context of its Share Buyback
Program, which was approved at the Combined Shareholders’ Meeting
of the Company on May 4th, 2021.
The terms of the agreement, signed on March 23rd, 2022, set a
volume of 1,200,000 Air Liquide shares (representing 0.25% of
the share capital of the Group as of 23/03/2022) for a maximum
price not exceeding the limits authorized by the Combined
Shareholders’ Meeting of May 4th, 2021 and the Board of Directors
Meeting held on September 29th, 2021 (i.e. €200 per share).
The initial purchase price (€150.74 per share) matches the share
price upon closing of the stock market on the day preceding the
signing date of the agreement, leading to an initial total purchase
price of €180,888,000. This initial purchase price will be adjusted
at the end of the share purchase period set in the share purchase
agreement, such an adjustment being subject to a dedicated press
release.
The shares purchased pursuant to this agreement shall in part be
canceled by the Company and in part be affected to the
implementation of performance share plans or employee share
ownership transactions of the Company.
Details on the Share Buyback Programme can be found in the 2021
Universal Registration Document (Chapter 6 - Board of Directors'
report on the resolutions presented to the Combined General
Meeting), available on the Company’s website.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Air Liquide’s ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability -
with a strong commitment to climate change and energy transition at
the heart of its strategy. The company’s customer-centric
transformation strategy aims at profitable, regular and responsible
growth over the long term. It relies on operational excellence,
selective investments, open innovation and a network organization
implemented by the Group worldwide. Through the commitment and
inventiveness of its people, Air Liquide leverages energy and
environment transition, changes in healthcare and digitization, and
delivers greater value to all its stakeholders.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
@airliquidegroup
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version on businesswire.com: https://www.businesswire.com/news/home/20220323005406/en/
Corporate Communications media@airliquide.com
Group Financing & Treasury Director
Guillaume.Serey@airliquide.com
Investor Relations IRTeam@airliquide.com
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