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Implementation of the share buyback programme

4. 01. 2017 - 08:30 - Finanzen

As part of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 3 January 2017.

According to the agreement, the investment services provider will sell to VINCI no later than 29 March 2017 up to €165 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.