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RUBIS: Temporary suspension of the share buyback program

04|08|2021

RUBIS
RUBIS: Temporary suspension of the share buyback program

08-Apr-2021 / 19:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

Paris, April 8, 2021, 7 pm

 

 

Rubis' Board of Management has today decided to temporarily suspend the share buyback program with a view to reducing the share capital which was announced to the market on January 5, 2021 after market close.

 

From January 6, 2021 to April 8, 2021, the Company has bought back more than 2,600,000 shares, i.e., more than 2,5% of its share capital, for an average price of around €39.30 and a total amount of more than €103,500,000. These acquisitions of shares already represent around 40% of the 6,600,000 shares' cap set in accordance with the share buyback program authorized by the Combined Shareholders' Meeting of December 9, 2020 for a 18-month length period expiring on June 8, 2022. The Board of Management retains the possibility of resuming the implementation of this share buyback program by June 8, 2022.

 

All information relating to the shares purchased from January 6, 2021 to April 8, 2021 under this share buyback program is available on the Company's website (https://rubis.fr/en/share-buyback-program).

 

 

 

 

 

Contact

 

RUBIS - Legal department

 

Tél : +(33) 1 44 17 95 95

 


Regulatory filing PDF file

File: RUBIS: Temporary suspension of the share buyback program

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