Transaction in Own Shares • Apr 22, 2025
Transaction in Own Shares
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Pursuant to articles 241-1 to 241-7 of the General Regulation of the French financial market authority (Autorité des Marchés Financiers or AMF) and in accordance with articles L.22-10-62 and following and 225-210 and following of the French commercial code, this document describes the purposes and procedures governing the Interparfums program to repurchase its own shares.
——— This authorization was granted by the fifteenth resolution of the shareholders' meeting of April 17,2025.
——— Interparfums' shares are admitted to trading in Compartment A of the regulated market of Euronext Paris under ISIN code FR0004024222.
On April 17, 2025, the company had share capital of €228,348,681 divided into 76,116,227 shares with a par value of €3, of which 89,719 shares are held by the company under a liquidity agreement.
The company does not have an open position in derivatives.
——— On April 17, 2025, the total amount of the 89,719 shares held by the company are destined to be used to ensure program's primary purpose, namely for the purposes of market-making services provided by an investment service provider under a liquidity agreement.
No shares bought back were cancelled.
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Under this program, shares may be purchased for the following purposes:
market making in the secondary market or ensuring the liquidity of the Interparfums share by an investment services provider through a liquidity agreement complying with market practice allowed by regulations, it being specified that the number of shares taken into account to calculate the abovementioned limit corresponds to the number of shares acquired, after deducting the number of shares resold,
retaining shares purchased for subsequent use in exchange or as payment for acquisitions,
——— The maximum amount of the share capital which may be acquired by Interparfums is 2,5% of the share capital at any given time or, by way of example, 1,902, 905 shares on April 17, 2025, based on a share capital of 76,116,227 shares, subject to adjustments that might be necessary to take into account the effects of corporate actions.
It is specified that this percentage applies to a share capital adjusted to take into account corporate actions after the Meeting, and notably in the case of stock splits or reverse stock splits or bonus share grants.
The maximum purchase price set by the General Meeting of April 17, 2025, was €80.
By way of example, without taking into account own shares held by the company on this date, the maximum amount allocated to the repurchase program would be €152, 232,400.
In accordance with applicable regulations, said shares may be purchased, held, sold or transferred, according to the case, through one or more transactions, at any time the Board of Directors so chooses subject to applicable regulations, by any means, on or off market, and notably through block trades.
The company does not intend to make use of options or derivatives.
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——— The share repurchase program is valid for a period of 18 months from the date of the General Meeting of the shareholders of April 17, 2025, granting the authorization, i.e. until October 16, 2026.
It will cancel and replace the program adopted by the authorization granted by the Combined General Meeting of April 16, 2024.
The shareholders grant all powers to the Board of Directors, which it may in turn delegate, to proceed with these transactions and generally carry out all necessary measures and formalities.
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