TF1 (EPA:TFI) - Launch of a share buyback program
Directive transparence : information réglementée Descriptif du programme de rachat
11/03/2019 08:12
Cliquez ici pour télécharger le pdf
March 11, 2019
Launch of share buyback program
TF1 group announces the implementation of a share buyback program as authorized
by the Board of Director(1), starting March 11, 2019.
In accordance with the authorizations granted by the Annual General Meeting
held on April 19, 2018, this 18- month(2) buyback is based on a maximum price
per share of 20 euros and up to 10% of the capital (i.e. up to a maximum of
20,992,894 shares(3)) in compliance with the legal requirements. The
description of the buyback program, as approved by the Annual General Meeting,
is included in the 2018 registration document filed with the AMF on March 7,
2019.
The shares purchased are intended to be cancelled.
In order to fulfil these repurchases, the Group could grant a full or partial
mandate to an independent investment services provider.
Throughout the program, the Company will keep the markets informed on a regular
basis about the shares that have been repurchased, in accordance with the
currently applicable regulations.
Regulated information about this program is available on our corporate website:
www.groupe-tf1.fr/en.
(1) PR 9m 2018 results and PR FY 2018 results
(2) Subject to the renewal of the Authorization #14 at the 2019 Annual General
Meeting
(3) Based on total of share in issue of 209,928,940 as of February 28, 2019
TELEVISION FRANÇAISE 1 - TF1
A French Société Anonyme with share capital of EUR 41,985,788
Registered office : 1, quai du Point du Jour - 92100 Boulogne Billancourt,
France
Registration No. 326 300 159 Nanterre