Orange : Transactions carried out as part of a share buyback program
21 Diciembre 2018 - 1:00AM
Orange announces that it has purchased treasury
shares within the framework of its 2018 share buyback program.
These shares have been acquired to honour
obligations related to the "Orange Vision 2020" free shares award
plan and the long term incentive plan for key managers (free
allocation of performance shares). The 9.1million shares "Orange
Vision 2020" plan and the long term incentive plan, which are
conditional on presence and performance, have been respectively
proposed to all Group employees and key managers with the aim of
sharing the benefits of the "Essentials2020" strategic plan across
the Group.
Name of the issuer: Orange (LEI:
969500MCOONR8990S771)
References of the share buyback program: A description of the
program authorised by the shareholders' general meeting held on 4
May 2018 (16th resolution) can be found in Orange's 2017
registration document
Securities identifying code: Ordinary shares (ISIN: 0000133308),
listed on / Euronext Paris / Compartment A (MIC: XPAR)
Start date of the program: The 16th resolution of the shareholders'
general meeting held on 4 May 2018 was activated at the Board of
Directors meeting on 4 May 2018
Cash purchases of shares from 18 to 19 December
2018:
Trading
date |
Type of transaction |
Number of shares |
Daily weighted average purchase price (€) |
Amount (€) |
18 December 2018 |
Purchase |
840,153 |
14.2590 |
11,979,741.63 € |
19 December 2018 |
Purchase |
1,250,000 |
14.3233 |
17,904,125.00 € |
Total |
Purchase |
2,090,153 |
14.2975 |
29,883,866.63 € |
None of these shares were purchased as part of a
share liquidity contract. Detailed information on these
transactions may be found on the Orange website
(https://www.orange.com/en/Investors/Regulated-information).
About Orange
Orange is one of the world's leading
telecommunications operators with sales of 41 billion euros in 2017
and 150,000 employees worldwide at 30 September 2018, including
92,000 employees in France. The Group has a total customer base
of
261 million customers worldwide at 30 September 2018, including 201
million mobile customers and 20 million fixed broadband customers.
The Group is present in 28 countries. Orange is also a leading
provider of global IT and telecommunication services to
multinational companies, under the brand Orange Business Services.
In March 2015, the Group presented its new strategic plan
"Essentials2020" which places customer experience at the heart of
its strategy with the aim of allowing them to benefit fully from
the digital universe and the power of its new generation
networks.
Orange is listed on Euronext Paris (symbol ORA)
and on the New York Stock Exchange (symbol ORAN).
For more information on the internet and on your mobile:
www.orange.com, www.orange-business.com or to follow us on Twitter:
@orangegrouppr.
Orange and any other Orange product or service
names included in this material are trademarks of Orange or Orange
Brand Services Limited.
Press contacts: +33 1 44 44 93
93
Tom Wright; tom.wright@orange.com
PR 21 21 2018 Share
buyback
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Orange via Globenewswire
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