Board to approve share buyback of up to 10%
Maximum percentage of the share capital and maximum number of shares of Kering that may be purchased: 10% of the share capital (i.e., 12,627,932 shares as of April 28, 2016). Considering that the Company holds 65,000 of its own shares, the maximum number of shares which may be purchased amounts to 12,562,932 shares, representing 9.95 % of the share capital.