Air Liquide: Share Buyback
02 Dezember 2024 - 8:45AM
Business Wire
Regulatory News:
L’Air Liquide (Paris: Al) signed a share repurchase
agreement with an investment services provider in the context of
its Share Buyback Program, as approved by the Combined
Shareholders’ Meeting of the Company on April 30th, 2024.
The terms of the agreement, signed on December 2nd, 2024, set a
volume of 352,000 Air Liquide shares (representing 0.07% of the
share capital of the Company as at December 31st, 2023) for a
maximum unit price not exceeding the limits set by the Combined
Shareholders’ Meeting of the Company on April 30th, 2024 and the
Board of Directors on September 25th, 2024 (i.e. 300 euros per
share).
The initial purchase price (157.28 euros per share) matches the
share price at closing of the stock market on the last banking day
preceding the signing date of the agreement, leading to an initial
total purchase price of 55,362,560 euros. This initial total
purchase price will be adjusted at the end of the share purchase
period set in the share repurchase agreement, such an adjustment to
be disclosed in a dedicated press release.
The shares bought back pursuant to the agreement shall in part
be canceled by the Company and in part be allocated to the
implementation of performance share plans of the Company.
Details on the Share Buyback Programme are set out in the 2023
Universal Registration Document (Chapter 6 - Board of Directors'
report on the resolutions presented to the Combined General
Meeting), available on the Company’s website.
Air Liquide is a world leader in gases, technologies and
services for industry and healthcare. Present in 60 countries with
66,300 employees, the Group serves more than 4 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 Group’s
activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 27.5 billion euros
in 2023. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50, FTSE4Good and DJSI Europe indexes.
www.airliquide.com Follow Air Liquide on
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version on businesswire.com: https://www.businesswire.com/news/home/20241201081622/en/
Corporate Communications media@airliquide.com
Group Financing & Treasury Director
Guillaume.Serey@airliquide.com
Investor Relations IRTeam@airliquide.com
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