on RENAULT (EPA:RNO)
Renault Group: Implementation of Share Buyback Programme
On May 24, 2024, Renault Group announced the initiation of a share buyback programme. The company has mandated an investment services provider to purchase up to 2,000,000 Renault shares. This process will be carried out from May 24 to June 7, 2024, depending on market conditions.
The aim of this buyback is to meet Renault's obligations towards beneficiaries of performance shares and the long-term incentive plans for the Group's CEO and senior managers. This programme was authorized by the Annual General Meeting on May 16, 2024, as detailed in the 15th resolution on page 507 of Renault Group's 2023 Universal Registration Document.
R. H.
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