118,760€ -1,08 %   03.28.2024 17:35
Aktuelles    >    Aktuelles    >    Implementation of the share buyback programme (05. 10. 2016)

Aktuelles

Implementation of the share buyback programme

5. 10. 2016 - 09:00 - Finanzen

As part of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 4 October 2016.

According to the agreement, the investment services provider will sell to VINCI no later than 11 November 2016 up to €70 million worth of VINCI shares at an average price per share determined on the basis of the market prices observed during the entire duration of the agreement, with a guaranteed discount. This price cannot exceed the maximum purchase price of €80 per share set by the VINCI Ordinary and Extraordinary Shareholders' Meeting on 19 April 2016.