Air Liquide: Share Buyback
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PARIS--(BUSINESS WIRE)-- Regulatory News:
The share repurchase agreement signed on February 21st, 2024 between L’Air Liquide (Paris: Al) and an investment services provider (see statement) ended on April 9th, 2024.
Pursuant to such agreement and in the context of its Share Buyback Program, as authorized by the Combined Shareholders’ General Meeting held on May 3rd, 2023, the Company repurchased 905,000 of its own shares (representing 0.17% of the share capital of the Company as at December 31st, 2023) for a final total purchase amount of 170,595,305.50€.
The shares repurchased pursuant to such agreement shall in part be canceled by the Company and in part be allocated to the implementation of long-term incentive plans.
Air Liquide is a world leader in gases, technologies and services for industry and healthcare. Present in 72 countries with 67,800 employees, the Group serves more than 4 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the Group’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart of Air Liquide’s strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies.
Air Liquide’s revenue amounted to more than 27.5 billion euros in 2023. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240411799752/en/
Corporate Communications
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Investor Relations
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Group Financing & Treasury
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Source: Air Liquide
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