D'IETEREN : Repurchase of own shares in the context of the liquidity contract
January 06, 2016 at 12:11 pm EST
Share
In the framework of the liquidity contract (see press release dated 16 March 2015), D'Ieteren announces today that it has bought 14,250 shares during the period between 30 December 2015 and 5 January 2016. During the same period, D'Ieteren has sold 1,500 shares.
End of press release
Group profile
D'Ieteren is a group of services to the motorist founded in 1805, serving some 12 million corporate and end customers in 34 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 22% and 1.2 million vehicles of the distributed makes on the road at the end of 2014. Sales in 2014: EUR 2.7 billion.
- Belron (94.85% owned) is the worldwide leader in vehicle glass repair and replacement. In 2014, some 2,400 branches and 9,400 mobile vans, trading under more than 10 major brands including Carglass®, Safelite® AutoGlass and Autoglass® served customers in 34 countries. Sales in 2014: EUR 2.9 billion.
Financial Calendar
Last five press releases
(with the exception of press releases linked to
the repurchase or sale of own shares)
Next events
8 December 2015
Investor Day & Trading Update
25 February 2016
FY 2015 Results
20 November 2015
All vehicles are again available for sale in Belgium.
25 February 2016
Analyst meeting & press conference FY 2015
5 November 2015
D'Ieteren Auto temporarily suspends sales of models that may be affected by irregularities with respect to CO2 emissions
20 April 2016
Annual Report 2015
4 November 2015
Reaction to the publication by the Volkswagen Group of irregularities concerning CO2 emissions
26 May 2016
General Meeting & Trading update
16 October 2015
About 320,000 vehicles of the Volkswagen group will be recalled in Belgium
Contacts
Axel Miller, Chief Executive Officer
Arnaud Laviolette, Chief Financial Officer
Pascale Weber, Financial Communication - Tel: + 32 (0)2 536.54.39
D'Ieteren NV issued this content on 2016-01-06 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-06 17:10:19 UTC
Original Document: http://www.dieteren.com/en/newsroom/own-shares/2016/repurchase-own-shares-context-liquidity-contract
In existence since 1805, and across family generations, D'Ieteren Group (the Group) is an investment company seeking growth and value creation by building a family of businesses that reinvent their industries and search for excellence and meaningful impact. It currently owns the following businesses:
- Belron (50.30% in fully diluted economic rights at 31 December 2023, equity-accounted investee): worldwide leader in vehicle glass repair, replacement and recalibration;
- D'Ieteren Automotive (100% owned): distributor of Volkswagen, Audi, SEAT, Skoda, Bentley, Lamborghini, Bugatti, Cupra, Rimac, Microlino, Maserati and Porsche vehicles in Belgium and expanding into other mobility services;
- PHE (100% in economic rights - see note 2) is a leader in the independent distribution of spare parts for vehicles in Western Europe, present in France, Belgium, The Netherlands, Luxemburg, Italy and Spain;
- TVH (40% owned - equity accounted-investee): leading global independent distributor for aftermarket parts for material handling, construction & industrial, and agricultural equipment;
- Moleskine (100% owned): develops and sells iconic branded notebooks and writing, travel and reading accessories through a global multichannel platform;
- D'Ieteren Immo (100% owned): groups together the Belgian real estate interests of D'Ieteren Group.