Renault Group: Implementation of the share buyback programme
15 December 2023 - 5:30PM
Renault Group: Implementation of the share buyback programme
Press ReleaseDecember 15, 2023 |
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Implementation of the share
buyback programme
Boulogne-Billancourt, December 15, 2023
As part of the implementation of its share
buyback programme, Renault Group has entrusted an investment
services provider with a mandate to purchase a maximum number of
200,000 Renault shares, depending on market conditions, over a
period running from December 15 up to and including December 19,
2023.
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 CEO and senior managers.
The description of the share buyback programme,
as authorized by the Annual General Meeting of May 11, 2023, under
the 15th resolution, is detailed on pages 542 of Renault Group's
2022 Universal Registration Document.
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 4 complementary brands -
Renault, Dacia, Alpine and Mobilize - offering sustainable and
innovative mobility solutions to its customers. Established in more
than 130 countries, the Group has sold 2.1 million vehicles in
2022. It employs nearly 106,000 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 2040.
More information: https://www.renaultgroup.com/en/
RENAULT
GROUP INVESTORRELATIONS |
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Philippine de
Schonen+33 6 13 45 68
39philippine.de-schonen@renault.com |
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share buyback programme
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