Renault Group Announces Implementation of Share Buyback Program – Employee Shareholding Plan

2023-09-09 17:00:00

PRESS RELEASE

September 6, 2023

Implementation of the buyback program d’actions

Boulogne-Billancourt, September 6, 2023 –

As part of the implementation of its share buyback program, Renault Group has entrusted an investment services provider (PSI) with a mandate to acquire a maximum number of 700,000 Renault shares, depending on market conditions, over a period starting on September 6, 2023 and which may extend until September 11, 2023.

The shares thus repurchased are intended to cover Renault’s obligations under the employee shareholding plan. Renaulution Shareplan 2023 ».

The description of the share buyback program, as authorized by the General Meeting of May 11, 2023 under the 15th resolution, is detailed on page 542 of the Renault Group 2022 Universal Registration Document.

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About Renault Group

Renault Group is at the forefront of mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in terms of electrification, Renault Group relies on the complementarity of its 4 brands – Renault – Dacia – Alpine and Mobilize – and offers sustainable mobility solutions and innovative to its customers. Established in more than 130 countries, the Group sold 2.1 million vehicles in 2022. It brings together nearly 106,000 employees who embody its Purpose on a daily basis, so that mobility brings us closer to each other.

Ready to take on challenges on the road as well as in competition, the Group is engaged in an ambitious and value-generating transformation. This is focused on the development of new technologies and services, a new range of vehicles that is even more competitive, balanced and electrified. In line with environmental issues, Renault Group aims to achieve carbon neutrality in Europe by 2040.

More information:

20230906_CP RG_PSI mandate for implementation of the buyback program_FR

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