Legrand Signs Share Buyback Agreement
March 13 2024 - 11:45AM
Business Wire
Regulatory News:
Under the authorization granted by the Ordinary and
Extraordinary General Meeting of Shareholders of May 31, 20231,
Legrand (Paris:LR) today announced the signing of a contract with
an investment services provider to purchase a maximum 350,000
shares, i.e. around 0.13% of its capital.
The purchase period agreement is expected to begin on March 14,
2024 and end on March 28, 2024 at the latest. The shares purchased
pursuant to this agreement will mainly be allocated to maturing
performance share plans.
------------------------
Key financial dates
- 2023 first-quarter results: May 3, 2024 “Quiet period2”
starts April 3, 2024
- General Meeting of Shareholders: May 29, 2024
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
responsible growth driven by acquisitions and innovation, with a
steady flow of new offerings—including products with enhanced value
in use (faster expanding segments: datacenters, connected offerings
and energy efficiency programs). Legrand reported sales of €8.3
billion in 2022. The company is listed on Euronext Paris and is
notably a component stock of the CAC 40, CAC 40 ESG and CAC SBT 1.5
indexes. (code ISIN FR0010307819).
https://www.legrandgroup.com
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_________________
1 The average price per share may not exceed the maximum price
of 150 euros. 2 Period of time when all communication is suspended
in the run-up to publication of results.
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version on businesswire.com: https://www.businesswire.com/news/home/20240313470569/en/
Investor relations Legrand Ronan Marc Tel: +33 (0)1 49 72
53 53 ronan.marc@legrand.com
Press relations TBWA Corporate Tiphaine Raffray Mob: +33
(0)6 58 27 78 98 tiphaine.raffray@tbwa-corporate.com
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