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Browse: Home / share buy-back

share buy-back

What's Vincent Bollore up to with his Havas share buy-back (apart from becoming even richer)?

What’s Vincent Bollore up to with his Havas share buy-back (apart from becoming even richer)?

By Stephen Foster on March 27, 2012

Havas is to spend €253m ($336m) buying back 12 per cent of its shares, a move that will boost majority owner Vincent Bollore’s shareholding from 32.84 per cent to 37.32 per cent. The buy-back is at €4.90 share, a healthy 21 per cent premium to the current price and values Havas at around €2bn. Havas [...]

Posted in Agencies, Clients, Finance, News | Tagged acquisitions, aegis, akqa, carat, david jones, dentsu, Euro RSCG, havas, horizon media, Interpublic, mother, omnicom, publicis groupe, share buy-back, Vincent Bollore, vizeum, wieden+kennedy, WPP

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