Renault Group: Implementation of the share buyback programme
14 November 2022 - 08:00AM
Renault Group: Implementation of the share buyback programme
|
PRESS RELEASENovember 14,
2022 |
Implementation of the share buyback
programme
Boulogne-Billancourt, November 14, 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
636,000 Renault shares, depending on market conditions, over a
period running from November 14 up to and including November 18,
2022.
The purpose of such shares buyback is to cover
Renault's obligations towards the beneficiaries of the long-term
incentive plans 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 531 of Renault Group's
2021 Universal Registration Document.
| RENAULT
GROUP |
Philippine de
SchonenInvestor Relations+33 6 13 45 68
39Philippine.de-schonen@renault.com |
|
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 111,000 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/
- 2022 11 14 - CP RG - Mandat PSI pour mise en oeuvre du
programme de rachat_ENG
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