Hermès International: Share buyback program
June 20 2022 - 12:00PM
Hermès International: Share buyback program
RELEASE
Paris, June 20, 2022
In connection with the implementation of its share buyback
program, Hermès International gave in May 2020 a mandate to an
investment services provider (‟ISP”).
This mandate has been terminated on June 20, 2022, on which date
a new mandate was concluded with the ISP.
Pursuant to this mandate, Hermès International instructed the
ISP to buy back a maximum amount of 500,000 Hermès International
shares on its behalf, independently, in accordance with the
applicable regulations.
This operation fits into the framework of the share buyback
program authorized in the sixth resolution approved by the General
Meeting of April 20, 2022*.
* The mandate will be, if applicable and where necessary,
automatically adjusted to take into account each new resolution
that would be subsequently approved by the Shareholders’ General
Meeting.
- hermes_220620_sharebuybackprogram_en
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