Publicis Groupe to Repurchase 2.5 Million Shares to Cover Employee Long Term Incentive Plans
September 27 2021 - 02:00AM
Business Wire
Regulatory News:
Publicis Groupe [Euronext Paris FR0000130577, CAC 40]
(Paris:PUB) today announces that it will repurchase 2.5 million
shares, i.e. approximately 1% of its share capital at 31 August
2021. Publicis Groupe has appointed an Investment Services Provider
for the implementation of the program.
The purpose of this program is to meet the obligations arising
from the existing free share long term incentive plans for the
benefit of its employees that will be delivered in 2022, 2023, 2024
and 2025.
The program will start as of September 27, 2021 and run until
December 15, 2021. At the current price, it represents an amount of
approximately 143 million euros that will financed by the Groupe’s
cash.
This program is made in accordance with the Market Abuse
Regulation and within the limits of the authorization granted by
the 20th resolution of the Annual Shareholders' Meeting of Publicis
Groupe of May 26th, 2021.
Publicis Groupe S.A. has published a description of this program
under the regulated information section. This description is
available on the Groupe website:
(https://www.publicisgroupe.com/fr/investisseurs/investisseurs-analystes/information-reglementee)
About Publicis Groupe - The Power of One Publicis Groupe
[Euronext Paris FR0000130577, CAC 40] is a global leader in
communication. The Groupe is positioned at every step of the value
chain, from consulting to execution, combining marketing
transformation and digital business transformation. Publicis Groupe
is a privileged partner in its clients’ transformation to enhance
personalization at scale. The Groupe relies on ten expertise
concentrated within four main activities: Communication, Media,
Data and Technology. Through a unified and fluid organization, its
clients have a facilitated access to all its expertise in every
market. Present in over 100 countries, Publicis Groupe employs
around 80,000 professionals. www.publicisgroupe.com | Twitter |
Facebook | LinkedIn | YouTube | Viva la Difference!
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210926005063/en/
Publicis Groupe
Delphine Stricker Corporate Communications + 33 (0)6 38 81 40 00
delphine.stricker@publicisgroupe.com
Alessandra Girolami Investor Relations + 33 (0)1 44 43 77 88
alessandra.girolami@publicisgroupe.com
Publicis Groupe (EU:PUB)
Historical Stock Chart
From Feb 2024 to Mar 2024
Publicis Groupe (EU:PUB)
Historical Stock Chart
From Mar 2023 to Mar 2024