Disclosure of Share Buyback Activities
BIC has recently disclosed its trading activities involving its own shares for the month of November 2024. The company remains committed to transparency and compliance with regulations pertaining to share buy-backs. This proactive stance not only reflects their operational integrity but also aims to enhance shareholder value.
Transaction Summary for November 2024
Here’s an overview of the transactions executed during the month:
Detailed Transactions
The company recorded multiple transactions throughout November, showcasing a total of 66,382 shares purchased at an average price of €63.1010, culminating in a total expenditure of approximately €4,188,771.48. Here are some selected transactions:
- Date: November 19, 2024 - Shares: 5,587, Price per Share: €63.6496, Total Amount: €355,610.32
- Date: November 20, 2024 - Shares: 9,974, Price per Share: €63.4835, Total Amount: €633,184.43
- Date: November 21, 2024 - Shares: 10,000, Price per Share: €63.1103, Total Amount: €631,103.00
- Date: November 29, 2024 - Shares: 9,000, Price per Share: €63.1455, Total Amount: €568,309.50
About BIC
BIC is a global leader in the production of stationery products, lighters, and shavers, dedicated to bringing simplicity and joy to daily experiences. With a legacy spanning over 80 years, BIC’s commitment to high-quality, affordable products has solidified its reputation as an emblem of reliability and innovation. The company operates in more than 160 countries and employs a diverse team of over 14,000 professionals.
BIC’s product portfolio features several iconic brands including BIC® 4-Color™, BodyMark®, Cristal®, and many more, underlining its adaptability and creativity in a competitive market. The brand is actively recognized for integrating sustainability and education within its operations, which lends it credibility and prestige in the industry.
Upcoming Events and Financial Reporting
Looking ahead, BIC has outlined its agenda for impending financial disclosures:
- Full Year 2024 Results: Expected February 18, 2025
- First Quarter 2025 Results: Anticipated April 23, 2025
Contact Information
For further inquiries or detailed information, the following contact points are available:
Investor Relations Team
If you're looking for insights regarding stock activities, reach out to the Investor Relations team at investors.info@bicworld.com. For direct communication, you may contact Brice Paris, VP of Investor Relations at +33 1 45 19 55 28 or via email at brice.paris@bicworld.com.
Frequently Asked Questions
What is BIC's primary business focus?
BIC specializes in stationery, lighters, and shavers, offering a wide range of everyday products.
Why is share buyback significant for BIC?
Share buybacks can increase shareholder value, signaling confidence in the company's growth and financial health.
How many shares did BIC buy back in November 2024?
BIC repurchased a total of 66,382 shares during November 2024.
What was the average price per share during the buyback?
The average price per share for the transactions in November was €63.1010.
Where can I find more information about BIC?
More details can be found on BIC's official corporate website and their social media channels.
