Bic: Share Capital Reduction by Cancellation of Treasury Shares
21 December 2024 - 3:50AM
UK Regulatory
Bic: Share Capital Reduction by Cancellation of Treasury Shares
Share Capital Reduction by Cancellation
of Treasury Shares
Clichy, France – December 20, 2024
- As part of the share buyback program announced by the
Company on February 19, 2024, and implemented with the
authorization of the General Meeting of May 29, 2024, the Company
has acquired 649,527 shares from February 19, 2024, to December
2nd, 2024, for a total of €40 million.
The Board of Directors met on December 11, 2024,
and decided to reduce the Company’s share capital by cancelling
649,527 treasury shares which correspond to the BIC shares
purchased by the Company as part of the abovementioned buyback
program. The Board of Directors delegated powers to the Chief
Executive Officer, or to any other person responsible for
implementation, to take all necessary measures to carry out said
capital reduction. The cancellation of the shares has taken effect
on December 19, 2024. Consequently, Société BIC share capital
consists of 41,621,162 shares.
Contacts
Brice Paris
VP Investor Relations
+33 6 42 87 54 73
brice.paris@bicworld.com
Michèle Ventura
Senior Investor Relations Manager
+33 6 79 31 50 37
michele.ventura@bicworld.com |
Bethridge
Toovell
VP Global Communications
+1 917 821 4249
bethridge.toovell@bicworld.com
Apolline Celeyron
Senior Communications Manager
+33 6 13 63 44 43
apolline.celeyron@bicworld.com |
About BIC
A global leader in stationery, lighters, and
shavers, BIC brings simplicity and joy to everyday life. For 80
years, BIC’s commitment to delivering high-quality, affordable, and
trusted products has established BIC as a symbol of reliability and
innovation. With a presence in over 160 countries, and over 14,000
team members worldwide, BIC’s portfolio includes iconic brands and
products such as BIC® 4-Color™, BodyMark®, Cello®, Cristal®,
Inkbox®, BIC Kids®, Lucky™, Rocketbook®, Tattly®, Tipp-Ex®,
Wite-Out®, Djeep®, EZ Load™, EZ Reach®, BIC® Flex™, Soleil®,
Tangle Teezer® and more. Listed on Euronext Paris and included
in the SBF120 and CAC Mid 60 indexes, BIC is also recognized for
its steadfast commitment to sustainability and education. For more,
visit www.corporate.bic.com and to see BIC’s full range of products
visit www.bic.com. Follow BIC
on LinkedIn, Instagram, YouTube and
TikTok.
Agenda
All dates to be confirmed
FY 2024 Results |
February 18, 2025
(post market close) |
First Quarter 2025 Results |
April 23, 2025
(post market close) |
Annual General Meeting 2025 |
May 20, 2025 |
- BIC_Capital Reduction_DEC 2024_EN
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