Repurchase of own shares
In accordance with article 207 of the Royal Decree of 30 January 2001 implementing the Company Code, s.a. D’Ieteren n.v. announces today that it has purchased on Euronext Brussels, between 7 December 2011 and 14 December 2011, 16,352 treasury shares at an average price of EUR 34.59 per share (namely a minimum price per share of EUR 32.80 and a maximum price of EUR 35.85). This purchase has been carried out to hedge share 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 28 May, 2009.
End of press release
D'Ieteren is a group of services to the motorist founded in 1805, serving over 13 million customers in 33 countries in two areas:
- D'Ieteren Auto distributes Volkswagen, Audi, Škoda, Seat, Porsche, Bentley, Lamborghini, Bugatti and Yamaha vehicles across Belgium. It is the country's number one car dealer, with a market share of over 20% and more than one million vehicles of the distributed makes on the road. Sales in 2010: 2.7 billion euro.
- Belron (92.7% owned) is the worldwide leader in vehicle glass repair and replacement. 1,900 branches and 9,500 mobile vans, trading under more than 15 different brands including Carglass, Autoglass and Safelite Auto Glass, serve customers in 33 countries. Sales in 2010: 2.8 billion euro.
28 February 2012 – 2011 Full-year results
16 April 2012 – Annual Report 2011 available
10 May 2012 – Interim Management Statement
31 May 2012 – General Shareholders’ Meeting
4 June 2012 – Ex date
7 June 2012 – Payment date
28 August 2012 – 2012 Half-year results
8 November 2012 – Interim Management Statement
Jean-Pierre Bizet, Chief Executive Officer
Benoit Ghiot, Chief Financial Officer
Vincent Joye, Financial Communication - Tel: + 32 (0)2 536.54.39