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Kering approves new share buyback program with a max budget of €8.64 billion until Nov 2028

Company Fundamentals
28 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Kering's General Shareholders’ Meeting on May 28, 2026, authorized a new share buyback program allowing the company to repurchase up to 10% of its shares, with a maximum purchase price of €700 per share and a total budget of €8.64 billion. The program aims to support market liquidity, fulfill employee stock plans, and facilitate corporate transactions. The authorization is valid for 18 months, until November 28, 2028. This move signals Kering's commitment to managing its capital structure and shareholder value proactively.

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