Bulletin
Investor Alert

Dow Jones Newswires Archives | Email alerts

Jan. 20, 2020, 2:58 a.m. EST

Accor launches €300 million share buyback

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Accor S.A. (AC)

or Cancel Already have a watchlist? Log In

By Olivia Bugault

Accor SA said Monday that it has launched a share buyback of up to 300 million euros ($332.6 million).

The program is part of a larger plan announced in December to return EUR1 billion to shareholders over the next two years, the French hotel group /zigman2/quotes/203800565/delayed FR:AC -5.56%   said.

The share purchase price shouldn’t exceed EUR70 during the program from Jan. 20 to June 30, Accor said.

/zigman2/quotes/203800565/delayed
FR : France: Euronext Paris
36.36
-2.14 -5.56%
Volume: 2.72M
Feb. 24, 2020 5:36p
P/E Ratio
23.44
Dividend Yield
2.89%
Market Cap
€10.39 billion
Rev. per Employee
€18,741
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.