RENAULT GROUP : Implementation of the share buyback programme
07 Junho 2022 - 01:16PM
RENAULT GROUP : Implementation of the share buyback programme
PRESS RELEASEJune 07, 2022 |
Implementation of the share buyback
programme
Boulogne-Billancourt, June 07, 2022 -
As part of the implementation of its share
buyback programme, Renault Group has entrusted an investment
services provider with a mandate to purchase a maximum number of
1,260,000 Renault shares, depending on market conditions, over a
period running from 08 June 2022 up to and including 14 June
2022.
The purpose of such shares buyback is to cover
Renault's obligations towards the beneficiaries of performance
shares or any long-term incentive plan implemented for the benefit
of the Group's employees and corporate officers.
The description of the share buyback programme,
as authorized by the Annual General Meeting of May 25, 2022 under
the 17th resolution, is detailed on pages 546 of Renault Group's
2021 Universal Registration Document.
RENAULT
GROUP |
Philippine de
SchonenInvestor Relations+33 6 13 45 68
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About Renault Group Renault
Group is at the forefront of a mobility that is reinventing itself.
Strengthened by its alliance with Nissan and Mitsubishi Motors, and
its unique expertise in electrification, Renault Group comprises 4
complementary brands - Renault, Dacia, Alpine and Mobilize -
offering sustainable and innovative mobility solutions to its
customers. Established in more than 130 countries, the Group has
sold 2.7 million vehicles in 2021. It employs nearly 160,000 people
who embody its Purpose every day, so that mobility brings people
closer. Ready to pursue challenges both on the road and in
competition, Renault Group is committed to an ambitious
transformation that will generate value. This is centred on the
development of new technologies and services, and a new range of
even more competitive, balanced and electrified vehicles. In line
with environmental challenges, the Group’s ambition is to achieve
carbon neutrality in Europe by 2040.
https://www.renaultgroup.com/en/
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