Christian Dior : Repurchase of Own Shares

  Christian Dior : Repurchase of Own Shares

Business Wire

PARIS -- March 5, 2013

Regulatory News :

In accordance with the decision taken by the Board of Directors on December
20, 2012 under the authorization given by the Combined Shareholders’ Meeting
of October 26, 2012, Christian Dior (Paris:CDI) today announced that it has
entered into a forward purchase agreement with an authorized financial
intermediary. Under the terms of this agreement, the financial intermediary
has agreed to sell to the Company and the Company has agreed to purchase a
maximum of 350 000 shares, upon the expiration of a period starting on March
6, 2013 and ending no later than April 26, 2013.

The purchase price to be paid by the Company for the shares shall be
determined on the basis of the arithmetic mean of the daily volume-weighted
average prices of Christian Dior’s shares during the purchase period
(excluding trading days during which a contractually defined ceiling would be
exceeded), to which a discount shall be applied. The maximum purchase price
set forth in the agreement is not greater than the limit authorized by the
Combined Shareholders’ Meeting of October 26, 2012.

All shares thus repurchased by the Company shall be allocated for

This announcement constitutes regulated information and is made available on
the Company’s website (

                             30 AVENUE MONTAIGNE


Christian Dior
PHONE +33 1 44 13 22 22
Press spacebar to pause and continue. Press esc to stop.