Verallia: Implementation of a Share Buyback Program
06 Décembre 2022 - 06:15PM
Business Wire
Regulatory News:
Verallia (Paris:VRLA) has decided to launch a share buyback
program and has entrusted an investment services provider with a
share buy-back mandate for a maximum amount of 50 million euros,
over a period running from December 7th, 2022 to November 2023.
Verallia intends to cancel all the shares thus bought back.
This share buyback program is implemented pursuant to the
delegation granted by the General Shareholders’ Meeting of May
11th, 2022 under the 16th resolution.
The description of the share buyback program is detailed in
paragraph “7.3.6.6. Powers of the Board of Directors in respect of
share capital increase and share Buyback” of Verallia's 2021
Universal Registration Document.
Information related to transactions on its own shares by
Verallia under the share buyback program, will be disclosed on the
Group’s website www.verallia.com.
About Verallia
At Verallia, our purpose is to re-imagine glass for a
sustainable future. We want to redefine how glass is produced,
reused and recycled, to make it the world’s most sustainable
packaging material. We work in common cause with our customers,
suppliers and other partners across the value chain to develop new
healthy and sustainable solutions for all. With around 10,000
people and 32 glass production facilities in 11 countries, we are
the leading European and the third largest producer globally of
glass containers for food and beverages, providing innovative,
customized and environmentally friendly solutions to more than
10,000 businesses around the world. Verallia produced more than 16
billion bottles and jars and achieved revenues of €2.7 billion in
2021. Verallia is listed on compartment A of the Euronext Paris
stock exchange (Ticker: VRLA – ISIN: FR0013447729) and belongs to
the SBF 120, CAC Mid 60, CAC Mid & Small et CAC All-Tradable
indexes. For more information: www.verallia.com.
Disclaimer
Certain information included in this press release are not
historical facts but are forward-looking statements. These
forward-looking statements are based on current beliefs,
expectations and assumptions, including, without limitation,
assumptions regarding Verallia’s present and future business
strategies and the economic environment in which Verallia operates.
They involve known and unknown risks, uncertainties and other
factors, which may cause actual performance and results to be
materially different from those expressed or implied by these
forward-looking statements. These risks and uncertainties include
those discussed and identified in Chapter 4 “Risk Factors” in the
Universal Registration Document approved by the AMF and available
on the Company’s website (www.verallia.com) and the AMF’s website
(www.amf-france.org). These forward-looking information and
statements are no guarantee of future performance.
This press release includes only summary information and does
not purport to be comprehensive.
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us, you believe that your rights have not been respected or that
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version on businesswire.com: https://www.businesswire.com/news/home/20221206005849/en/
Verallia Press Office Annabel Fuder & Rachel
Hounsinou verallia@wellcom.fr - +33 (0)1 46 34 60 60
Verallia Investor Relations contact Alexandra Baubigeat
Boucheron – alexandra.baubigeat-boucheron@verallia.com
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