Rémy Cointreau: End of the Share Buyback Programme
21 Dezember 2022 - 05:35PM
Business Wire
Regulatory News:
Rémy Cointreau’s (Paris:RCO) share buyback programme, which
started on September 8, 2022 (cf. press release of September 7,
2022), was fully completed on December 19, 2022.
Between September 8, 2022, and December 19, 2022, the Group
acquired 1 000 000 shares (representing 1.93% of the share capital
of the company), at an average price of 164.5318 euros, i.e. an
aggregate purchase price of 164 531 775.24 euros.
As announced in the press release dated September 7, 2022, the
shares thus acquired will be allocated to the following
objectives:
- Decrease the share capital by cancelling treasury shares
- Hold all or part of the shares acquired with a view to their
subsequent exchange or use as payment in relation to acquisitions,
contributions, mergers and share splits
- Meet obligations arising from free share incentive programmes
for employees and/or corporate officers of the company and/or its
affiliates
- Meet obligations arising from securities giving access to the
share capital.
This decision does not affect the performance of the liquidity
contract signed by the company.
The details of the operations carried out under this buyback
programme are available on Rémy Cointreau’s website:
www.remy-cointreau.com in the section “Finance/Regulatory
Information”.
About Rémy Cointreau
All around the world, there are clients seeking exceptional
experiences; clients for whom a wide range of terroirs means a
variety of flavors. Their exacting standards are proportional to
our expertise – the finely-honed skills that we pass down from
generation to generation. The time these clients devote to drinking
our products is a tribute to all those who have worked to develop
them. It is for these men and women that Rémy Cointreau, a
family-owned French Group, protects its terroirs, cultivates
exceptional multi-centenary spirits and undertakes to preserve
their eternal modernity. The Group’s portfolio includes 14 singular
brands, such as the Rémy Martin and Louis XIII cognacs, and
Cointreau liqueur. Rémy Cointreau has a single ambition: becoming
the world leader in exceptional spirits. To this end, it relies on
the commitment and creativity of its 1,924 employees and on its
distribution subsidiaries established in the Group’s strategic
markets. Rémy Cointreau is listed on Euronext Paris.
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version on businesswire.com: https://www.businesswire.com/news/home/20221221005328/en/
Investor relations: Célia d’Everlange /
investor-relations@remy-cointreau.com Media relations:
Carina Alfonso Martin / press@remy-cointreau.com
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