D'IETEREN : Repurchase of own shares in the context of the liquidity contract
January 13, 2016 at 10:39 pm IST
Share
In the framework of the liquidity contract (see press release dated 16 March 2015), D'Ieteren announces today that it has bought 11,481 shares during the period between 6 and 12 January 2016. During the same period, D'Ieteren has sold 8,481 shares.
End of press release
Group profile
D'Ieteren is a group of services to the motorist founded in 1805, serving some 12 million corporate and end customers in 34 countries in two areas:
- D'Ieteren Auto distributes Volkswagen, Audi, Seat, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles across Belgium. It is the country's number one car distributor, with a market share of more than 22% and 1.2 million vehicles of the distributed makes on the road at the end of 2014. Sales in 2014: EUR 2.7 billion.
- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. In 2014, some 2,400 branches and 9,400 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass® served customers in 34 countries. Sales in 2014: EUR 2.9 billion.
Financial Calendar
Last five press releases
(with the exception of press releases linked to
the repurchase or sale of own shares)
Next events
8 January 2016
Belron - Agreement to form a joint venture in Brazil
25 February 2016
FY 2015 Results
8 December 2015
Investor Day & Trading Update
25 February 2016
Analyst meeting & press conference FY 2015
20 November 2015
All vehicles are again available for sale in Belgium.
20 April 2016
Annual Report 2015
5 November 2015
D'Ieteren Auto temporarily suspends sales of models that may be affected by irregularities with respect to CO2 emissions
26 May 2016
General Meeting & Trading update
4 November 2015
Reaction to the publication by the Volkswagen Group of irregularities concerning CO2 emissions
Contacts
Axel Miller, Chief Executive Officer
Arnaud Laviolette, Chief Financial Officer
Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39
D'Ieteren NV issued this content on 2016-01-13 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-13 17:08:28 UTC
Original Document: http://www.dieteren.com/en/newsroom/own-shares/2016/repurchase-own-shares-context-liquidity-contract-0
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.