Implementation of the share buyback programme
October 25 2024 - 2:00AM
UK Regulatory
Implementation of the share buyback programme
Press Release
October 25, 2024 |
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Implementation of the share
buyback programme
Boulogne-Billancourt, October 25,
2024
As part of the implementation of its share
buyback programme, Renault Group has entrusted an investment
services provider with a mandate to purchase a maximum number of
900,000 Renault shares, depending on market conditions, over a
period running from October 25 up to and including October 31,
2024.
The purpose of such share buyback is to cover
Renault's obligations in the context of the employee shareholding
plan “Shareplan 2024”.
The description of the share buyback programme,
as authorized by the Annual General Meeting of May 16, 2024, under
the 19th resolution, is detailed on pages 508 of Renault
Group's 2023 Universal Registration Document.
About Renault Group
Renault Group is at the forefront of a mobility
that is reinventing itself. Strengthened by its alliance with
Nissan and Mitsubishi Motors, and its unique expertise in
electrification, Renault Group comprises 4 complementary brands -
Renault, Dacia, Alpine and Mobilize - offering sustainable and
innovative mobility solutions to its customers. Established in more
than 130 countries, the Group has sold 2.235 million vehicles in
2023. It employs more than 105,000 people who embody its Purpose
every day, so that mobility brings people closer.
Ready to pursue challenges both on the road and in competition,
Renault Group is committed to an ambitious transformation that will
generate value. This is centred on the development of new
technologies and services, and a new range of even more
competitive, balanced, and electrified vehicles. In line with
environmental challenges, the Group’s ambition is to achieve carbon
neutrality in Europe by 2040.
www.renaultgroup.com
RENAULT
GROUP INVESTOR
RELATIONS |
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Philippine de
Schonen
+33 6 13 45 68 39
philippine.de-schonen@renault.com
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