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Implementation of the share buyback programme

29. 04. 2016 - 17:45 - Finanzen

As part of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 29 April 2016.

According to the agreement, the investment services provider will sell to VINCI no later than 28 June 2016 up to €200 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.