Legrand Signs Share Buyback Agreement
March 19 2021 - 12:00PM
Business Wire
Regulatory News:
Under the authorization granted by the Ordinary and
Extraordinary General Meeting of Shareholders on 27 May 2020 for
implementing a share buyback program, Legrand (Paris:LR) today
announced that it has signed an agreement with an investment
services provider to purchase up to 1,200,000 shares1 over the
period from 22 March to 21 May 2021.
The purpose of this transaction is to acquire shares for
allocation to maturing performance share plans or, depending on the
case, to cancel them.
------------------------
Key financial dates:
- 2021 first-quarter results: May 6, 2021 “Quiet period1”
starts April 6, 2021
- General Meeting of Shareholders: May 26, 2021
- Ex-dividend date: May 28, 2021
- Dividend payment: June 1, 2021
- 2021 first-half results: July 30, 2021 “Quiet
period1” starts June 30, 2021
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
sustainable growth driven by acquisitions and innovation, with a
steady flow of new offerings—including Eliot* connected products
with enhanced value in use. Legrand reported sales of €6.1 billion
in 2020. The company is listed on Euronext Paris and is notably a
component stock of the CAC 40 and Euronext ESG 80 indexes. (code
ISIN FR0010307819). https://www.legrandgroup.com
*Eliot is a program launched in 2015 by Legrand to speed up
deployment of the Internet of Things in its offering. A result of
the group’s innovation strategy, Eliot aims to develop connected
and interoperable solutions that deliver lasting benefits to
private individual users and professionals.
https://www.legrandgroup.com/en/group/eliot-legrands-connected-objects-program
1 On February 28, 2021, the total number of shares composing
Legrand’s capital was 267,447,746. For more information, readers
are invited to consult the press release dated March 3, 2021.
1 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/20210319005384/en/
Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72
53 53 ronan.marc@legrand.fr
Press relations Publicis Consultants
Laurence Bault Mob: +33 (0)7 85 90 63 36 laurence.bault@publicisconsultants.com
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