RENAULT GROUP: Implementation of the share buyback programme
18 Juni 2021 - 6:00PM
RENAULT GROUP: Implementation of the share buyback programme
PRESS RELEASEJune 18, 2021 |
Implementation of the share buyback
programme
Boulogne-Billancourt, June 18, 2021 -
As part of the implementation of its share
buyback program, Renault Group has entrusted an investment services
provider with a mandate to purchase a maximum number of 1,010,000
Renault shares. The purpose of such share 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.
Depending on market conditions, the purchase
will be carried out over a period running from 21 June 2021 up to
and including 25 June 2021.
The description of the share buyback program, as
authorized by the Annual General Meeting of April 23, 2021 under
the 20th resolution, is detailed on pages 446-447 of Renault
Group's 2020 Universal Registration Document.
RENAULT
GROUP |
Thierry
HuonInvestor Relations+33 1 76 84 53
09Thierry.c.huon@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 5
complementary brands - Renault, Dacia, LADA, Alpine and Mobilize -
offering sustainable and innovative mobility solutions to its
customers. Established in more than 130 countries, the Group has
sold 2.9 million vehicles in 2020. It employs more than 170,000
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 2050.
https://www.renaultgroup.com/en/
- 2021_06_18 RG_EN_PSI Mandate for share buyback prog
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