AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

D'Ieteren Group

Transaction in Own Shares Mar 17, 2021

3937_dirs_2021-03-17_5afbcd5d-0d93-4e96-9c4e-4198d0c81e11.pdf

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

PRESS RELEASE: REPURCHASE OF OWN SHARES

REGULATED INFORMATION

Wednesday 17 March 2021 – 5:45 pm CET

Repurchase of own shares

In accordance with article 8:4 of the Royal Decree of 29 April 2019 implementing the Code on Companies and Association, s.a. D'Ieteren n.v. announces today that it has purchased on the regulated market of Euronext Brussels, between 10 and 16 March 2021, 19,466 treasury shares at an average price of €77.43 per share. This purchase has been carried out to hedge option schemes granted to officers and managers by virtue of the power endowed to the Board of Directors by the General Meeting of Shareholders on 31 May 2018.

The total number of own shares held by D'Ieteren reached 981,276 on 16 March 2021. The total number of ordinary shares equals 54,367,928.

Detailed operations per day

Date Number of shares Average price
(€)
Minimum price
(€)
Maximum price
(€)
Total price (€)
10 March 2021
11 March 2021
12 March 2021
15 March 2021
16 March 2021
6,042
3,690
3,400
4,085
2,249
76.37
75.92
76.80
79.06
80.74
75.80
75.40
76.20
78.00
80.30
77.60
76.60
77.00
80.00
81.50
461,436
280,135
261,129
322,954
181,593
Total 19,466 77.43 1,507,248

End of press release

PRESS RELEASE: REPURCHASE OF OWN SHARES

REGULATED INFORMATION

Wednesday 17 March 2021 – 5:45 pm CET

D'Ieteren Group profile

In existence since 1805, and across family generations, D'Ieteren Group 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 and geographies. The Group currently owns the following activities:

  • D'Ieteren Automotive distributes Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, and Porsche vehicles in Belgium. It has a market share of more than 23% and 1.2 million vehicles on the road. Its business model is evolving towards improving the lives of citizens with fluid, accessible and sustainable mobility. Sales and adjusted operating result reached respectively €3,216m and €98.9m in FY20.
  • 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 40 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. Sales and adjusted operating result reached respectively €3,899m and €583.1m in FY20.
  • 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 global multichannel platform. Sales and adjusted operating result reached respectively €102.3m and -€1.5m in FY20.
  • D'Ieteren Immo (100%) groups together the Belgian real estate interests of D'Ieteren Group. It owns and manages approximately 30 properties which generated €19.5m net rental income in FY20. It also pursues investment projects and carries out studies into possible site renovations.

Financial Calendar

Last five press releases
shares)
(with the exception of press releases related to the repurchase or sale of own Next events
8 March 2021 2020 Full-Year Results 27 May 2021 General Assembly
10 November 2020 Strong resilience expected in a volatile
environment
1 September 2021 2021 Half-Year Results
27 Augustus 2020 2020 Half-Year Results
3 June 2020 D'Ieteren Auto's project to accelerate
the transformation of its activities
28 May 2020 Trading update

Contacts

Francis Deprez, Chief Executive Officer Arnaud Laviolette, Chief Financial Officer

Stéphanie Voisin, Investor Relations - Tel: + 32 (0)2 536.54.39 E-mail: [email protected]om – Website: www.dieterengroup.com

Talk to a Data Expert

Have a question? We'll get back to you promptly.