Publicis announces stock repurchase plan
Co announced it has put in place a share repurchase agreement with an Investment Service Provider for its Share Buyback Program as approved by its Annual Shareholders' Meeting of May 28, 2014.
- This agreement signed on March 27, 2015 covers a maximum volume of 3,935,000 shares at an average price remaining within the limits imposed by the Annual Shareholders' Meeting of May 28, 2014. The price to be paid by the Company for each share shall be determined on the basis of the arithmetic mean of the daily volume-weighted average prices during the repurchase period, and shall not exceed that amount.
- The repurchase period provided in the agreement shall start on March 30, 2015 and end not later than July 31, 2015.
--> FYI Last year on the same period (30/03 --> 30/07 2014) 62,4mil shares traded