Publicis Will Repurchase 2 Million Shares
May 15 (Reuters) -Publicis Groupe SA PUBP.PA:
ANNOUNCES THAT IT WILL REPURCHASE 2 MILLION SHARES, I.E. APPROXIMATELY 0.8% OF ITS SHARE CAPITAL AT DECEMBER 31, 2023
PURPOSE OF THIS PROGRAM IS TO MEET OBLIGATIONS ARISING FROM EXISTING FREE SHARE LONG TERM INCENTIVE PLANS FOR BENEFIT OF ITS EMPLOYEES, WITHOUT ISSUING NEW SHARES
PROGRAM WILL START AS OF FEBRUARY 9, 2024 AND RUN UNTIL NO LATER THAN MAY 31, 2024
WILL BE FINANCED BY GROUPE'S CASH
Source: https://shorturl.at/oxRSW
Further company coverage: PUBP.PA
(Gdansk Newsroom)
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