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 11 March and 18 March 2014, 41,140 treasury shares at an average price of 33.16 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 (€)
           
11 March 2014 12,207 33.11 33.02 33.40 404,221
12 March 2014 3,132 33.31 32.94 33.40 104,325
13 March 2014 15,000 33.28 33.21 33.28 499,193
17 March 2014 4,584 33.12 32.92 33.15 151,808
18 March 2014 6,217 32.92 32.89 33.00 204,643
           
Total 41,140 33.16     1,364,190

 

End of press release 

 

D'Ieteren is a group of services to the motorist founded in 1805, serving some 12 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 2013: EUR 2.6 billion. 

- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. 2,400 branches and 8,600 mobile vans, trading under more than 10 major brands including Carglass®, Autoglass® and Safelite® AutoGlass, serve customers in 35 countries. Sales in 2013: EUR 2.8 billion. 

 

Financial Calendar 

Last five press releases

Next five events

 

 

 

 

10 March 2014

Repurchase of own shares

14 April 2014

Annual Report 2013

27 February 2014

2013 Full-Year Results

15 May 2014

Interim Management Statement

16 January 2014

Pierre-Olivier Beckers appointed independent director

5 June 2014

General Meeting

3 December 2013

Repurchase of own shares

10 June 2014

Ex date

21 November 2013

Repurchase of own shares

13 June 2014

Payment date

 

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 

Annual Report 2012 dedicated website: 2012.dieteren.com