Capgemini has concluded today a forward share purchase agreement with a financial intermediary for a maximum amount of € 34 million.
In accordance with the decision of the Board of Directors of Cap Gemini SA held on July 25, 2012, taken by virtue of the authorization granted by the Combined Shareholders’ Meeting on May 24 2012, the company has concluded today a share purchase agreement with an authorized financial intermediary, whereby the financial intermediary undertakes to sell, and the company undertakes to acquire, a number of shares corresponding to a maximum amount of € 34 million over a period starting April 03, 2013 and ending no later than May 29, 2013.
The price of the shares purchased by the company will be calculated on the basis of the arithmetic average of the daily volume-weighted average price of Cap Gemini shares over the acquisition period[1], after applying a discount. The maximum purchase price agreed does not exceed the limit authorized by the Combined Shareholders’ Meeting on May 24, 2012.
0 comments:
Post a Comment