Kering : Repurchase of own shares for allocation to free share grant programs for the benefit of employees
06 Maio 2021 - 12:45PM
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
Within the scope of its share repurchase program
authorized by the April 22, 2021 shareholders' meeting (14th
resolution), Kering has entrusted an investment service provider to
acquire up to 200,000 ordinary Kering shares, representing close to
0.2% of its share capital as at April 15, 2021, no later
than June 25, 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 April 22, 2021 shareholders' meeting.
As part of the previous repurchase announced on
February 22, 2021 (with a deadline of April 16, 2021), Kering
bought back 142,723 of its own shares.
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 2020,
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 - May 6, 2021
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