Legrand Signs Share Buyback Agreement
25 Mars 2022 - 5:55PM
Business Wire
Regulatory News:
Legrand (Paris:LR) announced today the signing of a contract
with an investment services provider to implement a share buyback
program for up to 450,000 shares, i.e. around 0.17% of its capital.
The purchase period agreement is expected to begin on March 28,
2022 and ending on or before May 10, 2022 at the latest.
Under the authorization granted by the Ordinary and
Extraordinary General Meeting of Shareholders of 26 May 2021, the
average price per share for the operation may not exceed the
maximum price of 120 euros.
The shares purchased pursuant to this agreement will mainly be
allocated to maturing performance share plans or, depending on the
case, shall be cancelled.
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Key financial dates:
- ESG Digital Capital Markets Day: March 29, 2022
- 2022 first-quarter results: May 5, 2022 “Quiet period1”
starts April 5, 2022
- General Meeting of Shareholders: May 25, 2022
- Ex-dividend date: May 30, 2022
- Dividend payment: June 1,2022
- 2022 first-half results: July 29, 2022 “Quiet period1”
starts June 29, 2022
About Legrand
Legrand is the global specialist in electrical and digital
building infrastructures. Its comprehensive offering of solutions
for commercial, industrial and residential markets makes it a
benchmark for customers worldwide. The Group harnesses
technological and societal trends with lasting impacts on buildings
with the purpose of improving life by transforming the spaces where
people live, work and meet with electrical, digital infrastructures
and connected solutions that are simple, innovative and
sustainable. Drawing on an approach that involves all teams and
stakeholders, Legrand is pursuing its strategy of profitable and
responsible growth driven by acquisitions and innovation, with a
steady flow of new offerings—including products with enhanced value
in use (faster expanding segments: datacenters, connected offerings
and energy efficiency programs). Legrand reported sales of €7.0
billion in 2021. The company is listed on Euronext Paris and is
notably a component stock of the CAC 40 and CAC 40 ESG indexes.
(code ISIN FR0010307819). https://www.legrandgroup.com
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1 Period of time when all communication is suspended in the
run-up to publication of results. Readers are invited to verify
authenticity of press releases by Legrand with the CertiDox app.
More information on www.certidox.com
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version on businesswire.com: https://www.businesswire.com/news/home/20220325005159/en/
Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72
53 53 ronan.marc@legrand.fr
Press relations Publicis Consultants Mathieu Pontecaille
Mob: +33 (0)6 09 14 42 25
mathieu.pontecaille@publicisconsultants.com
Legrand (EU:LR)
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