BIC - 2020 Universal Registration Document
INFORMATION ABOUT THE ISSUER
Treasury shares and share buyback
TREASURY SHARES AND SHARE BUYBACK 7.4.
TREASURY SHARES HELD BY SOCIÉTÉ BIC AS OF DECEMBER 31 ST , 2020
Number of shares
% capital
Nominal value (in euros)
Purpose (a)
Liquidity agreement
37,706
0.08
144,036.92
Free share grants
381,818
0.84
1,458,544.76
Cancellation
-
-
-
External growth operations
-
-
-
TOTAL (B)
419,524
0.92
1,602,581.68
Article L. 225-209 of the French Commercial Code. (a) As of December 31, 2020, the book value of BIC shares held by SOCIÉTÉ BIC in accordance with Articles L. 225-209 et seq. of the French Commercial Code amounts to (b) 49,505,639.88 euros. As of the same date, the market value of these shares is 19,407,180.24 euros (on the basis of the closing price at this date, i.e. 46.26 euros).
SHARE BUYBACK PROGRAM – OPERATIONS CARRIEDOUT IN 2020
Nominal value (in euros)
Average sale/purchase price (in euros)
Number of shares
% capital
Operation
Share buyback (excl. liquidity agreement) (a)
136,383
0.30
520,983.06
53.90
Liquidity agreement (a) : Share buyback •
426,844
0.94
1,630,544.08
49.57
Sale of shares •
421,226
0.93
1,609,083.32
49.80
Shares transferred under free share plans
126,662
0.28
483,848.84
96.12
Cancelled shares
136,383
0.30
520,983.06
53.90
Shares used for external growth operations
-
-
-
-
Brokerage fees related to sale and buy-back transactions disclosed above amounted to 57,039.32 euros. (a)
During the last 24 months, the Board of Directors cancelled 615,050 shares, representing 1.35% of the share capital as of December 31, 2020.
DESCRIPTIONOF THE SHARE BUYBACK PROGRAM SUBMITTED TO THE SHAREHOLDERS’ MEETING OF MAY 19, 2021 resolution is approved by the Shareholders, the Board of Directors May 19, 2021, a resolution authorizing the Board of Directors to will implement the share buyback program described below. This undertake operations with regards to the shares of the Company paragraph constitutes the description of the share buyback (see section 8 “Board of Directors’ Report and draft resolutions to program provided by Articles 241-1 et seq. of the General the Shareholders’ Meeting of May 19, 2021 – Resolution 4). If this Regulation of the AMF. The Board of Directors will submit to the Shareholders’ Meeting of
TREASURY SHARES HELD BY SOCIÉTÉ BIC AS OF MARCH 1, 2021
Purpose
Number of shares
Liquidity agreement
31,820
Free share grants
381,968
Cancellation
-
External growth operations
-
TOTAL
413,788
304
• BIC GROUP - 2020 UNIVERSAL REGISTRATION DOCUMENT •
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