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Implementation of the share buyback programme

24. 05. 2018 - 08:30 - Finanzen

As part of the implementation of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 23 May 2018.

According to the agreement, the investment services provider will sell to VINCI no later than 27 June 2018, up to €150 million worth of VINCI shares at an average price per share determined based on the market prices observed during the entire duration of the agreement, with a guaranteed discount. This price cannot exceed the maximum purchase price set by the VINCI Ordinary and Extraordinary Shareholders' Meeting.