Kering: Repurchase of own shares for allocation to free share grant programs for the benefit of employees
22 Fevereiro 2021 - 4:49AM
Kering: Repurchase of own shares for allocation to free share grant
programs for the benefit of employees
REPURCHASE OF OWN SHARES FOR ALLOCATION
TO FREE SHARE GRANT PROGRAMS FOR THE BENEFIT OF
EMPLOYEES
Wthin 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 250,000 ordinary Kering shares, representing 0.2% of
its share capital as at January 15, 2021, no later than April 16,
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 KeringA 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 over 38,000 employees and revenue of €13.1 billion.
Contacts
PressEmilie
Gargatte
+33 (0)1 45 64 61
20
emilie.gargatte@kering.comMarie de
Montreynaud
+33 (0)1 45 64 62 53
marie.demontreynaud@kering.com
Analysts/investorsClaire Roblet
+33 (0)1 45 64 61
49
claire.roblet@kering.comLaura Levy
+33 (0)1 45 64 60
45
laura.levy@kering.com
www.kering.comTwitter: @KeringGroupLinkedIn:
KeringInstagram: @kering_officialYouTube: KeringGroup
- Press release - SBB Free Share plans - 22.02.2021
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