Pernod Ricard: Resumption of Share Buy-back Programme
16 Septiembre 2021 - 12:30AM
Business Wire
Regulatory News:
Press release - Paris, 16 September 2021
Pernod Ricard (Paris:RI) announced on 1st September 2021 its
intention to resume in FY22 the share buy-back programme
launched on 29 August 2019 for c. €0.5bn.
Accordingly, Pernod Ricard has signed an agreement with an
investment services provider to implement a first tranche of this
share buy-back programme, whereby:
- Pernod Ricard will undertake to acquire its own shares for a
maximum amount of €250m.
- The purchase period shall start on 16 September 2021 and end on
16 November 2021 latest.
- The price per share shall not exceed the maximum price per
share as set by the 15th resolution the Ordinary Shareholders’
Meeting of 27 November 2020.
About Pernod Ricard
Pernod Ricard is the No.2 worldwide producer of wines and
spirits with consolidated sales of €8,824 million in FY21. Created
in 1975 by the merger of Ricard and Pernod, the Group has developed
through organic growth and acquisitions: Seagram (2001), Allied
Domecq (2005) and Vin&Sprit (2008). Pernod Ricard, which owns
16 of the Top 100 Spirits Brands, holds one of the most prestigious
and comprehensive brand portfolios in the industry, including:
Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal
Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey,
Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur,
Mumm and Perrier-Jouët champagnes, as well Jacob’s Creek, Brancott
Estate, Campo Viejo, and Kenwood wines. Pernod Ricard’s brands are
distributed across 160+ markets and by its own salesforce in 73
markets. The Group’s decentralised organisation empowers its 19,000
employees to be true on-the-ground ambassadors of its vision of
“Créateurs de Convivialité.” As reaffirmed by the Group’s strategic
plan, “Transform and Accelerate,” deployed in 2018, Pernod Ricard’s
strategy focuses on investing in long-term, profitable growth for
all stakeholders. The Group remains true to its three founding
values: entrepreneurial spirit, mutual trust, and a strong sense of
ethics, as illustrated by the 2030 Sustainability and
Responsibility roadmap supporting the United Nations Sustainable
Development Goals (SDGs), “Good times from a good place.” In
recognition of Pernod Ricard’s strong commitment to sustainable
development and responsible consumption, it has received a Gold
rating from Ecovadis. Pernod Ricard is also a United Nation’s
Global Compact LEAD company. Pernod Ricard is listed on Euronext
(Ticker: RI; ISIN Code: FR0000120693) and is part of the CAC 40 and
Eurostoxx 50 indices
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version on businesswire.com: https://www.businesswire.com/news/home/20210915006137/en/
Julia Massies / VP, Financial Communications & Investor
Relations +33 (0) 1 70 93 17 03 Charly Montet / Investor Relations
Manager +33 (0) 1 70 93 17 13 Emmanuel Vouin / Head of External
Engagement +33 (0) 1 70 93 16 34
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