Legrand Signs Share Buyback Agreement
16 Febbraio 2024 - 8:30AM
Business Wire
Regulatory News:
Under the authorization granted by the Ordinary and
Extraordinary General Meeting of Shareholders of May 31, 20231,
Legrand (Paris:LR) today announced the signing of a contract with
an investment services provider to purchase 400,000 shares, i.e.
around 0.15% of its capital.
The purchase period agreement is expected to begin on February
16, 2024 and end on March 13, 2024. The shares purchased pursuant
to this agreement will mainly be allocated to employee share plans
and to maturing performance share plans.
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Key financial dates
- 2023 first-quarter results: May 3, 2024 “Quiet period2”
starts April 3, 2024
- General Meeting of Shareholders: May 29, 2024
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 €8.3
billion in 2022. The company is listed on Euronext Paris and is
notably a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5
indexes. (code ISIN FR0010307819).
https://www.legrandgroup.com
1 The average price per share may not exceed the maximum price
of 150 euros. 2 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/20240215919470/en/
Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72
53 53 ronan.marc@legrand.com
Press relations TBWA Corporate Tiphaine Raffray Mob: +33
(0)6 58 27 78 98 tiphaine.raffray@tbwa-corporate.com
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