Publicis Groupe Announces the Completion of a Share Buyback from Dentsu of
Nearly 3.9 Million Shares
PARIS -- February 15, 2013
Regulatory News :
Following the proposal made by Dentsu, on February 15, 2013 prior to the
opening of the Paris Stock Market, Publicis Groupe (Paris:PUB) [EURONEXT Paris
: FR0000130577] completed a buy-back of a block of approximately 3.9 million
shares for a total price of 181.4 million euros, i.e., 46.82 euros per share.
The Supervisory Board studied the Management Board’s proposal to proceed with
the buyback during its meeting on February 13, 2013. The Supervisory Board
concluded that the purchase of approximately 3.9 million shares, pursuant to
the buyback program approved by the General Meeting of Shareholders of May 29,
2012, would be positive for the Group and for its shareholders as a whole. The
Supervisory Board accordingly unanimously approved the proposed transaction.
The repurchase was made at a 4.7% discount to the February 14, 2013 closing
price of Publicis Groupe’s shares at 49.11 euros. It will have a positive
impact of approximately 1.5% on diluted earnings per share in 2013 and of 1.7%
on a full-year basis.
The 3,875,139 shares acquired in the transaction will be held as treasury
stock and will be used for attendance and performance share awards or stock
The purchase was funded entirely from Publicis Groupe’s available funds.
Following the termination in February 2012 of the shareholder agreement
between Dentsu and Mrs. Badinter, and the concomitant sale of the bulk of
Dentsu’s stake in Publicis Groupe (18 million shares), the transaction
comprises of all of the remaining shares held by Dentsu.
The two groups will continue to consider all opportunities for collaboration
and to maintain cooperative relations, and the two joint ventures between
Dentsu and Publicis Groupe (Beacon Communications and Dentsu Razorfish) are
expected to continue without change.
About Publicis Groupe
Publicis Groupe [Euronext Paris FR0000130577, part of the CAC 40 index] is the
third largest communications group in the world, offering the full range of
services and skills: digital (Digitas, Razorfish, Rosetta, VivaKi, LBi),
traditional advertising (BBH, Leo Burnett, Publicis Worldwide, Saatchi &
Saatchi), public affairs, corporate communications and events (MSLGROUP),
media buying and strategy (Starcom MediaVest Group and ZenithOptimedia) and
specialized communications with PHCG (Publicis Healthcare Communications
Group). Present in 104 countries, the Groupe employs 58,000 professionals.
www.publicisgroupe.com | Twitter:@PublicisGroupe | Facebook:
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