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.
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About pernod ricard
Pernod Ricard is a worldwide leader in the spirits and wine industry, blending traditional craftsmanship, state-of-the-art brand development, and global distribution technologies. Our prestigious portfolio of premium to luxury brands 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 and Mumm and Perrier-Jouët champagnes. Our mission is to ensure the long-term growth of our brands with full respect for people and the environment, while empowering our employees around the world to be ambassadors of our purposeful, inclusive and responsible culture of authentic conviviality. Pernod Ricard’s consolidated sales amounted to € 12,137 million in fiscal year FY23. Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices