Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Euronext Paris  >  Christian Dior    CDI   FR0000130403

CHRISTIAN DIOR (CDI)

597
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

CHRISTIAN DIOR : Repurchase of Own Shares

04/26/2013 | 12:00pm US/Eastern

Regulatory News:

In accordance with the decision taken by the Board of Directors on December 20, 2012 under the authorization given by the Combined Shareholders' Meeting of October 26, 2012, Christian Dior (Paris:CDI) today announced that it has entered into a forward purchase agreement with an authorized financial intermediary. Under the terms of this agreement, the financial intermediary has agreed to sell to the Company and the Company has agreed to purchase a maximum of 600 000 shares, upon the expiration of a period starting on April 29, 2013 and ending no later than July 19, 2013.

The purchase price to be paid by the Company for the shares shall be determined on the basis of the arithmetic mean of the daily volume-weighted average prices of Christian Dior's shares during the purchase period (excluding trading days during which a contractually defined ceiling would be exceeded), to which a discount shall be applied. The maximum purchase price set forth in the agreement is not greater than the limit authorized by the Combined Shareholders' Meeting of October 26, 2012.

All shares thus repurchased by the Company shall be allocated for cancellation.

This announcement constitutes regulated information and is made available on the Company's website (www.dior-finance.com).

Christian Dior


© Business Wire 2013
React to this article
Latest news on CHRISTIAN DIOR
06/28 CHRISTIAN DIOR : Dior exhibits spirit of visionary designer
06/27 CHRISTIAN DIOR : Decoding the china fixation
06/18 CHRISTIAN DIOR : 2015-16 F/W show held in Tokyo
06/17 CHRISTIAN DIOR : 2015-16 F/W show held in Tokyo
06/15 CHRISTIAN DIOR : Interest payment, 1,375%, 2014-2019 (French version only)
06/11 CHRISTIAN DIOR : Graphic content
05/31 CHRISTIAN DIOR : ...and the bill so far
05/31 CHRISTIAN DIOR : ...and the bill so far
05/22 CHRISTIAN DIOR : Bernard Arnault
05/22 CHRISTIAN DIOR : Dior perfume president shares keys to success
Advertisement
Chart
Duration : Period :
Christian Dior Technical Analysis Chart | CDI | FR0000130403 | 4-Traders
Income Statement Evolution
More Financials