Share Buy-Back Information


Share buy-back programme 2014-2017, 15 May 2014 (launch)


The Richemont share buy-back programme is in effect until 15 May 2017.

Share Buy-Back Summary

On 15 May 2014, Richemont announced the initiation of a share buy-back programme which is in effect from 16 May 2014 until 15 May 2017. The buy-back programme is linked to the hedging of exposures arising from the Group’s stock option plan. In compliance with Swiss regulations, the Company is making the following information available regarding share buy-back and sales activity from the start of the share buy-back programme. Other than those shares linked to the exercise of options under the Group's stock option plan, no shares were sold during the period.

The threshold for the daily buy-back volume is 303’216 ‘A’ shares, being 25 % of the daily average during the 30 day period preceding the publication of the current programme.

 

Share buy-back programme, 15 May 2014 (launch)Download
Company announcement 39kb
Regulatory notice (French) 108kb
Regulatory notice (German) 110kb

 

Trade
Date
Average Price
(VWAP)
Highest
Price
Lowest
Price
Shares
Bought
Shares
Sold
19 May 2014 90.72 91.30 89.80 130 000 0
20 May 2014 92.38 93.25 90.80 200 000 0
21 May 2014 92.31 92.75 91.75 155 000 0
22 May 2014 93.28 93.55 92.35 200 000 0
23 May 2014 94.04 94.25 93.60 185 000 0
26 May 2014 94.36 94.65 93.90 95 000 0
27 May 2014 94.11 94.75 93.05 190 000 0
28 May 2014 94.05 94.35 93.60 150 000 0
30 May 2014 94.19 94.55 93.90 30 000 0
Total 1 335 000

 

Net change in shares owned since the beginning of the current programme: 1 199 050

Each ‘A’ share carries 1 vote (of 1’044’000’000 votes) and CHF 1.00 nominal value (of CHF 574’200’000)

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