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 31 October and 5 November 2013, 2,970 treasury shares at an average price of 34.47 EUR per share. 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. 

 

Detailed operations per day


Date Number of shares Average price (€) Minimum price (€) Maximum price (€) Total price (€)
           
31 October 2013 1,453 34.50 34.40 34.55 50,127
5 November 2013 1,517 34.43 34.38 34.45 52,235
           
Total 2,970 34.47     102,362


End of press release

 

D'Ieteren 

D'Ieteren is a group of services to the motorist founded in 1805, serving some 11 million corporate and end customers in 35 countries in two areas: 

- D'Ieteren Auto distributes Volkswagen, Audi, Seat, Škoda, Bentley, Lamborghini, Bugatti, Porsche and Yamaha vehicles across Belgium. It is the country's number one car distributor, with a market share of more than 21% and more than one million vehicles of the distributed makes on the road. Sales in 2012: EUR 2.8 billion. 

- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. 2,200 branches and 8,900 mobile vans, trading under more than 10 major brands including Carglass®, Autoglass® and Safelite® AutoGlass, serve customers in 35 countries. Sales in 2012: EUR 2.7 billion. 

 

Financial Calendar 

14 November 2013 – Interim Management Statement 

26 February 2014 – 2013 Full-Year Results 

14 April 2014 – Annual Report 2013 

15 May 2014 – Interim Management Statement 

5 June 2014 – General Meeting 

10 June 2014 – Ex date 

13 June 2014 – Payment date 

28 August 2014 – 2014 Half-Year Results 

13 November 2014 – Interim Management Statement 

 

Contacts 

Axel Miller, Chief Executive Officer

Benoit Ghiot, Chief Financial Officer

Vincent Joye, Financial Communication - Tel: + 32 (0)2 536.54.39

E-mail: financial.communication@dieteren.be – Website: www.dieteren.com