Pernod Ricard announced on 1st September 2021 its intention to resume in FY22 the share buy-back programme launched on 29 August 2019 for c. €0.5bn.
Accordingly, Pernod Ricard has signed an agreement with an investment services provider to implement a first tranche of this share buy-back programme, whereby:
- Pernod Ricard will undertake to acquire its own shares for a maximum amount of €250m.
- The purchase period shall start on 16 September 2021 and end on 16 November 2021 latest.
- The price per share shall not exceed the maximum price per share as set by the 15th resolution the Ordinary Shareholders’ Meeting of 27 November 2020.
Tags
Press release
On the same topic
-
Pernod Ricard signs its first sustainability-linked loan for €2.1bn
Read morePernod Ricard is pleased to announce the signing of its first (sustainability linked) loan totalling euros 2.1 billion in order to refinance in advance an existing facility expiring June 2024.
-
Q3 FY23 Sales
Read moreVery strong broad-based sales growth 9M FY23: +8% (9M reported sales: +13%)
FY23 guidance:
Organic growth in profit from recurring operations of c. +10% with some expansion in organic operating margin
-
Invitation - Third Quarter FY23 Sales
Read moreThursday 27 April 2023
Hélène de Tissot, Group Finance, IT & Operations Director, and Florence Tresarrieu, Global SVP Investor Relations & Treasury, will present Pernod Ricard’s third quarter FY23 Sales during a webcast to be held on Thursday 27th April at 9:00am (CEST).
About pernod ricard
Pernod Ricard is the No.2 worldwide producer of wines and spirits with consolidated sales amounting to €10,701 million in fiscal year FY22. The Group, which owns 17 of the Top 100 Spirits Brands, holds one of the most prestigious and comprehensive portfolios in the industry with over 240 premium brands distributed across more than 160 markets. Pernod Ricard’s portfolio includes Absolut Vodka, Ricard pastis, Ballantine’s, Chivas Regal, Royal Salute, and The Glenlivet Scotch whiskies, Jameson Irish whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur or Mumm and Perrier-Jouët champagnes. The Group’s mission is to unlock the magic of human connections by bringing “Good Times from a Good Place”, in line with its Sustainability and Responsibility roadmap. Pernod Ricard’s decentralised organisation empowers its 19,480 employees to be on-the-ground ambassadors of its purposeful and inclusive culture of conviviality, bringing people together in meaningful, sustainable and responsible ways to create value over the long term. Executing its strategic plan, Transform & Accelerate, Pernod Ricard now relies on its “Conviviality Platform”, a new growth model based on data and artificial intelligence to meet the ever-changing demand of consumers. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.