Legrand Signs Share Buyback Mandate
March 19 2020 - 2:30PM
Business Wire
Regulatory News:
Under the authorization granted by the Ordinary and
Extraordinary General Meeting of Shareholders on 29 May 2019 for
implementing a share buyback program, Legrand (Paris:LR) today
announced that it has signed a mandate to purchase up to 515,000
shares over the period from 20 March to 20 May 2020.
The purpose of this transaction is to acquire shares for
allocation to maturing performance share plans.
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Key financial dates:
- 2020 first-quarter results: May 7, 2020 “Quiet period1”
starts April 7, 2020
- General Meeting of Shareholders: May 27, 2020
- Ex-dividend date: June 1, 2020
- Dividend payment: June 3, 2020
- 2020 first-half results: July 31, 2020 “Quiet period1”
starts July 1, 2020
About Legrand
Legrand is the global specialist in electrical and digital
building infrastructures. Its comprehensive offering of solutions
for commercial, industrial and residential markets makes it a
benchmark for customers worldwide. Drawing on an approach that
involves all teams and stakeholders, Legrand is pursuing its
strategy of profitable and sustainable growth driven by
acquisitions and innovation, with a steady flow of new
offerings—including Eliot* connected products with enhanced value
in use. Legrand reported sales of over €6.6 billion in 2019. The
company is listed on Euronext Paris and is notably a component
stock of the CAC 40 index. (code ISIN FR0010307819)
https://www.legrandgroup.com
*Eliot is a program launched in 2015
by Legrand to speed up deployment of the Internet of Things in its
offering. A result of the group’s innovation strategy, Eliot aims
to develop connected and interoperable solutions that deliver
lasting benefits to private individual users and professionals.
https://www.legrandgroup.com/en/group/eliot-legrands-connected-objects-program
1 Period of time when all communication is suspended in the
run-up to publication of results.
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version on businesswire.com: https://www.businesswire.com/news/home/20200319005541/en/
Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72
53 53 ronan.marc@legrand.fr
Press relations Publicis Consultants
Vilizara Lazarova Tel: +33 (0)1 44 82 46 34 Mob: +33 (0)6 26 72 57
14 vilizara.lazarova@publicisconsultants.com
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