D'IETEREN GROUP 
PRESS RELEASE:
REPURCHASE OF OWN SHARES
REGULATED INFORMATION
Wednesday 8 January 2020 - 6:00 pm
Repurchase of own shares in the context of
the share buyback programme and the liquidity contract
1. Share buyback programme
On 28 August 2019 D'Ieteren SA announced a share buyback program for a maximum amount of EUR 150 million (see press release of 28 August 2019). The programme started on 4 September 2019 and has an expected term of 12-18 months. Purchases are made in accordance with the applicable laws and regulations and under the authorisation granted by the Extraordinary General Meeting of Shareholders of 31 May 2018. Under this ongoing share buyback programme, D'Ieteren has purchased a total of 407,343 treasury shares to date, for a total amount of EUR 19,535,993. No transactions have taken place between 1 and 7 January 2020.
2. Liquidity contract
In the framework of the liquidity contract (see press release dated 16 March 2015), D'Ieteren announces today that it has bought on Euronext Brussels 5,411 shares during the period between 1 and 7 January 2020. During the same period, D'Ieteren has sold 4,919 shares.
Details of the operations per day
Date | Number of shares | Average price (€) | Min.price (€) | Max. price (€) | Total price (€) |
01/01/20 | 0 | 0 | |||
02/01/20 | 2,000 | 61.42 | 61.30 | 61.50 | 122,840 |
03/01/20 | 700 | 60.90 | 60.80 | 61.00 | 42,630 |
06/01/20 | 2,000 | 60.21 | 59.70 | 60.60 | 120,420 |
07/01/20 | 711 | 61.10 | 61.00 | 61.20 | 43,442 |
Total | 5,411 | 60.86 | 329,332 |
3. Total number of treasury shares
The total number of treasury shares held by D'Ieteren reached 1,489,734 on 6 January 2020. The total number of outstanding ordinary shares of D'Ieteren SA amounts to 55,302,620.
End of press release
Rue du Mail 50 - 1050 Brussels (Belgium) Ɩ tel.: +32 2 536 54 39 Ɩ fax: +32 2 536 91 39 | Page 1/2 |
VAT BE 0403.448.140 - Brussels RPM Ɩ www.dieteren.com/en |
PRESS RELEASE:
REPURCHASE OF OWN SHARES
REGULATED INFORMATION
Wednesday 8 January 2020 - 6:00 pm
GROUP PROFILE
In existence since 1805, and across family generations, D'Ieteren seeks growth and value creation by pursuing a strategy on the long term for its businesses and actively encouraging and supporting them to develop their position in their industry or in their geographies. The Group has currently the following activities:
- D'Ieteren Auto distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles in Belgium. It is the country's number one car distributor, with a market share of around 21% and 1.2 million vehicles on the road. Its business model is evolving towards providing citizens with responsible and innovative mobility. Sales and adjusted operating result reached respectively EUR 3.4 billion and EUR 113.0 million in 2018.
- Belron (54.85% of the voting rights) has a clear purpose: "making a difference by solving people's problems with real care".
It is the worldwide leader in vehicle glass repair and replacement and operates in 35 countries, through wholly owned businesses and franchises, with market leading brands - including Carglass®, Safelite® and Autoglass®. In addition, Belron manages vehicle glass and other insurance claims on behalf of insurance customers. It has also expanded its services into the automotive damage and home damage repair and replacement markets. Sales and adjusted operating result reached respectively EUR 3.8 billion and EUR 225.7 million in FY 2018. - Moleskine (100% owned) is a premium and aspirational lifestyle brand which develops and sells iconic branded notebooks and writing, travel and reading accessories through a multichannel distribution strategy across more than 115 countries. Sales and operating result reached respectively EUR 174.1 million and EUR 28.6 million in FY 2018.
- D'Ieteren Immo (100%) groups together the Belgian real estate interests of D'Ieteren Group. It owns and manages approximately 30 properties which generated EUR 18.7 million net rental income in FY 2018. It also pursues investment projects and carries out studies into possible site renovations.
FINANCIAL CALENDAR
Last five press releases | Next events | ||||||||
(with the exception of press releases related to the repurchase or sale of own shares) | |||||||||
Belron has successfully allocated its | |||||||||
26 | October 2019 | new term loans of EUR 850 million | 5 March 2020 | 2019 Full-year Results | |||||
equivalent | |||||||||
18 | October 2019 | Belron launches syndication of EUR 850 | 14 May 2020 | Investor Day | |||||
million equivalent of additional debt | |||||||||
15 | October 2019 | Upward revision of D'Ieteren's FY 2019 | 28 May 2020 | General Assembly | |||||
guidance | |||||||||
28 | August 2019 | D'Ieteren launches a EUR 150 million | 27 August 2020 | 2020 Half-Year Results | |||||
share buyback programme | |||||||||
28 | August 2019 | 2019 Half-Year Results | |||||||
CONTACTS
Francis Deprez, Chief Executive Officer
Arnaud Laviolette, Chief Financial Officer
Pascale Weber, Investor Relations - Tel: + 32 (0)2 536.54.39
E-mail:financial.communication@dieteren.be- Website:www.dieteren.com
Rue du Mail 50 - 1050 Brussels (Belgium) Ɩ tel.: +32 2 536 54 39 Ɩ fax: +32 2 536 91 39 | Page 2/2 |
VAT BE 0403.448.140 - Brussels RPM Ɩ www.dieteren.com/en |
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Disclaimer
D'Ieteren NV published this content on 08 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 January 2020 17:12:06 UTC
