Kaufman & Broad SA
Kaufman & Broad SA: IMPLEMENTATION OF THE SHARE BUY-BACK PROGRAM
22-Jul-2020 / 18:14 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press Release
Paris, July 22, 2020
Implementation of the share buy-back program
Further to Kaufman & Broad's SA announcement of the implementation of its
share buy-back program[1] pursuant to the 11th resolution of the
shareholders' general meeting of May 5, 2020, Kaufman & Broad SA announces
the signature on July 22, 2020 of an irrevocable share buy-back agreement
with an independent investment services provider. This agreement provides
for the buy-back of Kaufman & Broad SA shares up to a maximum number of
shares representing 8% of Kaufman & Broad SA's share capital over a period
of twelve months starting on July 22, 2020, subject to market conditions.
The description of the share buy-back program authorized by the
shareholders' meeting of May 5, 2020 was published on May 5, 2020 and is
available on the Company's website at ( www.kaufmanbroad.fr [1]).
This press release is available at www.kaufmanbroad.fr [2]
Contacts
Chief Financial Officer Press Relations
Bruno Coche Agence Shadow
+33 (1) 41 43 44 73 Alice Polack - +33 (6) 33 71 91 58
Infos-invest@ketb.com alicepolack@shadowcommunication.fr
Aurélie Vinzent - +33 (6) 58 66 80 49
aurelievinzent@shadowcommunication.fr
Kaufman & Broad: Emmeline Cacitti
+33 (6) 72 42 66 24 / ecacitti@ketb.com
About Kaufman & Broad - Kaufman & Broad has been designing, building, and
selling single-family homes in communities, apartments, and offices on
behalf of third parties for more than 50 years. Kaufman & Broad is one of
the leading French developers-builders due to the combination of its size
and profitability, and the strength of its brand.
The Kaufman & Broad Registration Document was filed with the French
Financial Markets Authority ("AMF") under No. D.20-0231 on March 31, 2020.
It is available on the AMF (www.amf-france.org [3]) and Kaufman & Broad
(www.kaufmanbroad.fr [2]) websites. It contains a detailed description of
Kaufman & Broad's business activities, results, and outlook, as well as the
associated risk factors. Kaufman & Broad specifically draws attention to the
risk factors set out in Chapter 1.2 of the Registration Document. The
occurrence of one or more of these risks may have a material adverse effect
on the Kaufman & Broad Group's business activities, net assets, financial
position, results, and outlook, as well as on the price of Kaufman & Broad's
shares.
This press release does not amount to, and cannot be construed as amounting
to a public offering, a sale offer or a subscription offer, or as intended
to seek a purchase or subscription order in any country.
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[1] See Kaufman & Broad's press release dated July 20, 2020.
Regulatory filing PDF file
File: IMPLEMENTATION OF THE SHARE BUY-BACK PROGRAM [4]
1099819 22-Jul-2020 CET/CEST
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(END) Dow Jones Newswires
July 22, 2020 12:14 ET (16:14 GMT)
