Kering - INTERIM DIVIDEND FOR FINANCIAL YEAR 2021 COMPLETION AND ALLOCATION OF THE FIRST TRANCHE OF THE SHARE BUYBACK PROGRAM
09 Dezembro 2021 - 1:45PM
Kering - INTERIM DIVIDEND FOR FINANCIAL YEAR 2021 COMPLETION AND
ALLOCATION OF THE FIRST TRANCHE OF THE SHARE BUYBACK PROGRAM
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PRESS RELEASE |
|
December 9,
2021 |
INTERIM DIVIDEND FOR FINANCIAL
YEAR 2021 COMPLETION
AND ALLOCATION OF THE FIRST TRANCHE OF THE
SHARE BUYBACK PROGRAM
The Board of Directors of Kering, at its meeting
of December 9, 2021, has declared an interim dividend for financial
year 2021. The interim dividend will amount to €3.50 per share.
The interim dividend will be paid on January 17,
2022 on positions recorded as of January 14, 2022 after market
close. The ex-dividend date will be January 13, 2022 before
trading. The balance of the dividend for financial year 2021 will
be proposed by the Board of Directors of February 16, 2022 for
approval by the Annual General Meeting of April 28, 2022.
Moreover, Kering has completed the first tranche
of its share buyback program announced on August 25, 2021. The
shares were repurchased under the authorization granted by the
Ordinary General Meeting of July 6, 2021.
From August 25 to November 3, 2021, 650,000
shares were repurchased at an average purchase price of €643.70,
representing a total amount of €418.4 million.
It has been decided that 325,000 shares
purchased under this first tranche will be cancelled. The remainder
of the repurchased shares will be allocated to free share grant
programs to employees.
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 2020, Kering had over 38,000 employees and revenue
of €13.1 billion.
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Contacts |
| Kering
– 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 |
| |
| Kering
-
Analysts/Investors |
| Claire
Roblet
+33 (0)1 45 64 61
49 claire.roblet@kering.com |
| Julien
Brosillon +33
(0)1 45 64 62
30 julien.brosillon@kering.com |
| |
- Press release - 2021 Interim dividend 2021 and SBB -
09.12.21
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