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Compagnie St-Gobain (COD)

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Wednesday 01 December, 2021

Compagnie St-Gobain

Share buy back

RNS Number : 1145U
Compagnie de Saint-Gobain
30 November 2021
 

PRESS RELEASE

 

 

November 30, 2021

 

 

 

SAINT-GOBAIN ahead in buyback program

announced as part of its "Grow & IMPACT" plan

 

 

Saint-Gobain announces that it has already bought back over 8.5 million of its shares in 2021 (net of offsetting employee share creation) for a total of around €500 million, ahead of its target to buy back €2 billion of shares over five years (2021-2025) as part of its "Grow & Impact" plan presented at the Capital Markets Day in early October.

 

On November 30, 2021, Saint-Gobain cancelled 8,543,174 treasury shares acquired on the market.

 

Following this operation, the total number of shares composing the capital is 524 million shares and the number of shares outstanding is now 521 million, compared to 530 million at end-December 2020. 

 

 

ABOUT SAINT-GOBAIN

Saint-Gobain designs, manufactures and distributes materials and solutions for the construction, mobility, healthcare and other industrial application markets. Developed through a continuous innovation process, they can be found everywhere in our living places and daily life, providing wellbeing, performance and safety, while addressing the challenges of sustainable construction, resource efficiency and the fight against climate change. This strategy of responsible growth is guided by the Saint-Gobain purpose, "MAKING THE WORLD A BETTER HOME", which responds to the shared ambition of all the women and men in the Group to act every day to make the world a more beautiful and sustainable place to live in.

 

€38.1 billion in sales in 2020

More than 167,000 employees, located in 72 countries

Committed to achieving Carbon Neutrality by 2050

 

For more information about Saint-Gobain

visit www.saint-gobain.com and follow us on Twitter @saintgobain

 

 

 

Analyst/Investor relations

 

 

Press relations

Vivien Dardel

Floriana Michalowska

Christelle Gannage

+33 1 88 54 29 77

 +33 1 88 54 19 09

 +33 1 88 54 15 49

Patricia Marie

Bénédicte Debusschere

Susanne Trabitzsch

  +33 1 88 54 26 83

  +33 1 88 54 14 75 

  +33 1 88 54 27 96

       

 

 

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