Eurazeo / 2019 Universal Registration Document

Share capital and share ownership Transactions in the Company’s shares

The authorization granted to the Executive Board for the buyback program limits purchases to 10% of the share capital on the date of such purchases, as calculated in accordancewith applicable laws and regulations, provided, however, that the total number of the Company's own shares held by it following such purchases does not exceed 10% of the sharecapital. The share buyback program provides for a maximum authorized purchaseprice of€100 per share.

The total cost of share buybacks is therefore capped at €786,454,860  (1) . In the event of changes in the Company's share capital, resulting, in particular, from the capitalization of reserves, granting of bonus shares, stock splits or reverse splits, the above price will be revisedaccordingly. The share buyback program would run for a period of 18 months commencing the Shareholders' Meeting of April 30, 2020, when shareholderswill be asked toadopt it, i.e. until October 29,2021. The following table lists the share buybacks performed by the Company under the previous buyback program. No shares were purchasedusing derivativeinstruments.

PURCHASES AND SALES OF ITS OWN SHARES BY EURAZEO UNDER THE BUYBACK PROGRAM BETWEEN JANUARY 1 AND DECEMBER 31, 2019

Grosstransactions

Openpositionsas of December 31, 2019

Sharepurchase options purchased

Share purchase options sold

Forward purchases

Forward sales

Purchases 2,546,093  (1)

Sales

Numberof shares Maximum average maturity

860,270 (2)

-

-

-

-

-

-

-

-

-

-

Average transaction price (in euros)

63.66

55.84

- - -

- - -

- - -

- - -

Average strikeprice Amount(in euros)

-

-

162,073,130.05

48,041,751.69*

Including491,083sharespurchasedunderthe liquiditycontract. (1) Including538,058sharessoldunderthe liquiditycontract. (2) Costprice. *

Based on the share capital as of December 31, 2019. (1)

EURAZEO / 2019 UNIVERSAL REGISTRATION DOCUMENT

346

Made with FlippingBook Annual report