We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Kering | EU:KER | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5.75 | 1.78% | 328.55 | 328.00 | 330.00 | 333.90 | 325.40 | 325.45 | 250,313 | 16:40:00 |
From May 2021 to May 2024
By Olivia Bugault
Kering said Wednesday that it is launching a buyback program to repurchase up to 2% of its shares over two years.
Under the buyback agreement that the French luxury-goods group has signed with an investment service provider, a first tranche will cover up to roughly 0.5% of its outstanding shares, or a maximum of 650,000 shares, it said.
For this first tranche, Kering won't spend more than 650 million euros ($764.3 million), which represents a maximum price of EUR1000 per share, it said. The purchase period starts today and will run for three months, the company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
August 25, 2021 03:25 ET (07:25 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Kering Chart |
1 Month Kering Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
