DJ RUBIS: Decision of the board of management regarding the launch of a share buyback program with a view to reducing the share capital
RUBIS
RUBIS: Decision of the board of management regarding the launch of a share
buyback program with a view to reducing the share capital
05-Jan-2021 / 18:30 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Paris, January 5, 2021, 6.30 pm
Rubis' Board of Management has today decided, in accordance with the
authorization granted by the Combined Shareholders' Meeting of December 9,
2020 and under the terms described in the presentation published on December
23, 2020 (Share buyback program (rubis.fr) [1]), to launch a program to buy
back Rubis' shares with a view to reducing the share capital, starting on
January 6, 2021 and for a maximum amount of €250 million. A mandate has
been granted to an independent investment services provider, tasking it with
the acquisition of a maximum of 6,600,000 shares, subject to market
conditions. The objective is to reduce the Company's share capital by
cancelling shares. The maximum purchase price is set at €55 (excluding
fees and commissions) per share. The program will run until May 31, 2022 at
the latest.
Contact
RUBIS - Legal department
Tel: +(33) 1 44 17 95 95
Regulatory filing PDF file
File: RUBIS: Decision of the board of management regarding the launch of a
share buyback program with a view to reducing the share capital [2]
Language: English
Company: RUBIS
46, rue Boissière
75116 Paris
France
Phone: +33 144 17 95 51
Fax: +33 145 01 72 49
E-mail: communication@rubis.fr
Internet: www.rubis.fr
ISIN: FR0013269123
Euronext Ticker: RUI
AMF Category: Share buyback / Disposal of own shares / Description of the
buyback programme
EQS News ID: 1158697
End of Announcement EQS News Service
1158697 05-Jan-2021 CET/CEST
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(END) Dow Jones Newswires
January 05, 2021 12:30 ET (17:30 GMT)
