Nanterre, December 20 2018
IMPLEMENTATION OF THE SHARE BUYBACK PROGRAMME APPROVED BY THE ANNUAL SHAREHOLDERS' MEETING HELD MAY 29, 2018
Faurecia (Euronext: EO - FR0000121147) announces that it has signed with an investment services provider a mandate to purchase shares as part of its share buyback programme authorized by the Annual Shareholders' Meeting held May 29, 2018. The purchase of these shares is intended to deliver future performance share plans put in place by Faurecia.
This mandate, signed on December 18, 2018, allows the purchase of a maximum volume of 1,000,000 Faurecia shares representing approximately 0.7% of the share capital, at an average price not exceeding the limits imposed by the twelfth resolution adopted by the Annual Shareholders' Meeting held May 29, 2018.
Share purchases under this mandate can be done during the period from January 7 to February 8, 2019.
The description of the share buyback programme (details of which are on page 205 of the Faurecia Registration Document filed with the Autorité des Marchés Financiers on April 26, 2018) and the text of the twelfth resolution referred to above are available on the website of the company, www.faurecia.com, under the heading "Investors / AMF Regulated Information".
Contacts
| Media Eric Fohlen-Weill Head of Corporate Communications Tel: +33 (0)1 72 36 72 58 Eric.fohlen-weill@faurecia.com | Analysts/Investors Marc Maillet Vice-President Investor Relations Tel: +33 (0)1 72 36 75 70 marc.maillet@faurecia.com |
About Faurecia
Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility. Faurecia has focused its technology strategy on providing solutions for smart life on board and sustainable mobility. In 2017, the Group posted total sales of €17.0 billion. Faurecia is listed on the Euronext Paris stock exchange and is a component of the CAC Next 20 index. For more information, please visit www.faurecia.com
