Pernod Ricard SA

03/16/2022 | Press release | Distributed by Public on 03/16/2022 01:07

Continuation of share buy-back program

Press Release 16/03/2022

As part of its share buy-back program (c. €750m announced for FY22 of which c. €250m already executed in the first half and c. €300m executed in February and March), Pernod Ricard has signed an agreement with an investment services provider, whereby Pernod Ricard will undertake to acquire its own shares for a maximum amount of c. €200m over a period starting on March 16, 2022 and possibly extending until April 6, 2022.

The price of the shares purchased under this mandate shall not exceed the limit of €280 per share set by Pernod Ricard Shareholders' Meeting held on November 10, 2021.