PARIS – (BUSINESS WIRE) – Regulatory News:
Press release – October 31, 2022
As part of its share buyback program announced on 1uh September 2022 (from 500 to 750 million euros communicated for the year 2022/2023), Pernod Ricardo (Paris: RI) has entered into a contract with an investment service provider for the purchase of treasury shares, for a maximum amount of c. 150 million euros for a period starting on 31 October and eventually extending to 22 November 2022.
The price of the shares purchased under this mandate cannot exceed the limit of 280 euros per share set by the General Meeting of Pernod Ricard on 10 November 2021.
About Pernod Ricard
Pernod Ricard is number 2 in the world in Wines and Spirits, with a consolidated turnover of 10,701 million euros in FY22. Born in 1975 from the merger of Ricard and Pernod, the Group has developed both through internal growth and through acquisitions: Seagram (2001), Allied Domecq (2005) and Vin & Sprit (2008). Pernod Ricard, which owns 16 brands in the top 100 spirits brands, has one of the most prestigious portfolios in the industry, including Absolut vodka, Ricard pastis, Ballantine’s Scotch Whiskies, Chivas Regal, Royal Salute and The Glenlivet, Jameson Irish Whiskey, Martell cognac, Havana Club rum, Beefeater gin, Malibu liqueur, Mumm and Perrier-Jouët champagne, as well as Jacob’s Creek, Brancott Estate, Campo Viejo and Kenwood wines. The Pernod Ricard brands are distributed in more than 160 markets, including 73 by its own sales force. The decentralized organization of the group allows its 19,000 employees to act as true ambassadors of its vision of “Creators of Conviviality”. Reaffirmed by its “Transform and Accelerate” strategic plan implemented in 2018, Pernod Ricard’s strategy focuses on long-term investments and profitable growth for all of its shareholders. The group remains true to its three founding values: entrepreneurial spirit, mutual trust and ethics, as illustrated by our roadmap for sustainability and responsibility 2030, “we keep to share” in accordance with the Sustainable Development Goals of the Nations United. In recognition of his ongoing commitment to sustainable development and responsible consumption, Pernod Ricard was awarded the gold medal by Ecovadis. Pernod Ricard is also a member of the United Nations LEAD Global Compact.
Pernod Ricard is listed on Euronext (Ticker: RI; ISIN code: FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.
Florence Tresarrieu / Global SVP Investors Relations and Treasury +33 (0) 1 70 93 17 03
Edward Mayle / Director of Investor Relations +33 (0) 1 70 93 17 13
Charly Montet / Head of Investor Relations +33 (0) 1 70 93 17 13
Emmanuel Vouin / Head of external involvement +33 (0) 1 70 93 16 34