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RUBIS: A second tranche of share buyback has been launched with a view to reducing the share capital

07|12|2021

RUBIS
RUBIS: A second tranche of share buyback has been launched with a view to reducing the share capital

12-Jul-2021 / 07:35 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

 

Paris, July 12, 2021, 7.35 am

 

 

A SECOND TRANCHE OF SHARE BUYBACK HAS BEEN LAUNCHED

WITH A VIEW TO REDUCING THE SHARE CAPITAL

 

 

 

Rubis is reopening the share buyback program with a view to reducing the share capital launched on January 6, 2021.

The Management Board has decided that a second tranche of the share buyback will be launched today for a maximum of four-month period (i.e., until November 11, 2021, at the latest) and operated by an independent investment services provider.

Pursuant to this second tranche, a maximum amount of €60 million will be allocated to the acquisition of a maximum of 1.5 million shares.

As a reminder, the Combined Shareholders' Meeting of December 9, 2020 has granted authorization for the share buyback program with a view to reducing the share capital for a maximum amount of €250 million for the period until May 31 2022, at the latest. 2,634,083 shares have been bought back and subsequently canceled for the amount of €104 million between January 6, 2021 and April 8, 2021, as part of this program.

All information relating to this share buyback program is available on the Company's website (Share buyback program (rubis.fr)).

 

  

 

 

 

 

Contact

 

RUBIS - Legal Department

 

Tel : 01 44 17 95 95

 


Regulatory filing PDF file

File: Rubis : A second tranche of share buyback has been launched with a view to reducing the share capital

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