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RUBIS: Decision of the board of management regarding the launch of a share buyback program with a view to reducing the share capital

01|05|2021

RUBIS
RUBIS: Decision of the board of management regarding the launch of a share buyback program with a view to reducing the share capital

05-Jan-2021 / 18:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

Paris, January 5, 2021, 6.30 pm

 

 

 

Rubis' Board of Management has today decided, in accordance with the authorization granted by the Combined Shareholders' Meeting of December 9, 2020 and under the terms described in the presentation published on December 23, 2020 (Share buyback program (rubis.fr)), to launch a program to buy back Rubis' shares with a view to reducing the share capital, starting on January 6, 2021 and for a maximum amount of €250 million. A mandate has been granted to an independent investment services provider, tasking it with the acquisition of a maximum of 6,600,000 shares, subject to market conditions. The objective is to reduce the Company's share capital by cancelling shares. The maximum purchase price is set at €55 (excluding fees and commissions) per share. The program will run until May 31, 2022 at the latest.

 

 

  

 

 

 

Contact

 

RUBIS - Legal department

 

Tel : +(33) 1 44 17 95 95

 


Regulatory filing PDF file

File: RUBIS: Decision of the board of management regarding the launch of a share buyback program with a view to reducing the share capital

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