PARIS, January 12, 2023--(BUSINESS WIRE)--Regulatory News:
At its meeting on January 12, 2023, the Board of Directors of Rémy Cointreau (Paris:RCO) has, pursuant to authorization from the combined general meeting dated July 21, 2022, decided to reduce the share capital of the Company by cancelling 1,000,000 treasury shares (1.93 % of the share capital), as announced in the press release dated December 21, 2022, relating to the end of its share buyback programme.
Further to this cancellation, Rémy Cointreau owns 396,7011 in treasury shares, or 0.78%1 of its share capital after reduction.
The share capital now amounts to 81 257 113.60 euros, divided into 50 785 696 shares.
The details of the operations carried out under this buyback programme are available on Rémy Cointreau’s website: www.remy-cointreau.com in the section "Finance/Regulatory Information".
About Rémy Cointreau
All around the world, there are clients seeking exceptional experiences; clients for whom a wide range of terroirs means a variety of flavors. Their exacting standards are proportional to our expertise – the finely-honed skills that we pass down from generation to generation. The time these clients devote to drinking our products is a tribute to all those who have worked to develop them. It is for these men and women that Rémy Cointreau, a family-owned French Group, protects its terroirs, cultivates exceptional multi-centenary spirits and undertakes to preserve their eternal modernity. The Group’s portfolio includes 14 singular brands, such as the Rémy Martin and Louis XIII cognacs, and Cointreau liqueur. Rémy Cointreau has a single ambition: becoming the world leader in exceptional spirits. To this end, it relies on the commitment and creativity of its 1,924 employees and on its distribution subsidiaries established in the Group’s strategic markets. Rémy Cointreau is listed on Euronext Paris.
1 Excluding shares (in the process of being returned) from the liquidity contract terminated on January 6, 2023
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