Vinci Agrees to Buyback of Up to EUR200 Million
01 Oktober 2021 - 6:40PM
Dow Jones News
By Joshua Kirby
French construction group Vinci SA said Friday that it will buy
back shares with a value up to 200 million euros ($231.5 million)
from an investment-services provider.
The company will sell Vinci the shares no later than Oct. 25, at
an average per-share price based on market prices over the period,
with a guaranteed discount, and at no more than the price set by
Vinci's shareholders at the company's meetings.
The buyback is part of wider program of share repurchases, Vinci
said.
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
October 01, 2021 12:25 ET (16:25 GMT)
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