Renault Group: Implementation of the share buyback programme
14 June 2024 - 4:30PM
Renault Group: Implementation of the share buyback programme
Press ReleaseJune 14, 2024 |
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Implementation of the share
buyback programme
Boulogne-Billancourt, June 14, 2024
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
900,000 Renault shares, depending on market conditions, over a
period running from June 14 up to and including June 21, 2024.
The purpose of such share buyback is to cover
Renault's obligations in the context of the employee shareholding
plan “Renaulution Shareplan 2024”.
The description of the share buyback programme,
as authorized by the Annual General Meeting of May 16, 2024, under
the 19th resolution, is detailed on pages 508 of Renault Group's
2023 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 more than 2.235 million
vehicles in 2023. 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.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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