Kaufman & Broad SA: AMENDMENT OF THE MANDATE FOR THE SHARE BUYBACK PROGRAM

Kaufman & Broad SA: AMENDMENT OF THE MANDATE FOR THE SHARE BUYBACK PROGRAM

10 Mar 2020 19:27 CET

Company Name

KAUFMAN ET BROAD

ISN

FR0004007813

Market

Euronext

Symbol

KOF

Kaufman & Broad SA Kaufman & Broad SA: AMENDMENT OF THE MANDATE FOR THE SHARE BUYBACK PROGRAM 10-March-2020 / 19:27 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Paris, March 10th, 2020 amendment OFthe mandate for THE SHARE BUYBACK PROGRAM Kaufman & Broad SA had declared on October 10,2018 it has signed with Rothschild Martin Maurela share buyback mandate pursuant to the authorisationgrantedby the General Shareholders Meetingand renewed pursuant to amendment agreements dated December 18, 2018, February 8, 2019, July 16, 2019, October 25, 2019 and February 24, 2020. On March 10, 2020, Kaufman & Broad SA decided to increase the amount allocated to the share buyback program, entrusted to Rothschild Martin Maurelas part of the mandate, by an additional € 2,000,000, in compliance with the applicable regulations. It is specified that the terms of this mandate comply with the limits established by the General ordinary and extraordinary Shareholders meeting held on May 2, 2019. Adescription of the share buyback program is available here: www.kaufmanbroad.fr This press release is available atwww.kaufmanbroad.fr Contacts Chief Financial Officer Bruno Coche 01 41 43 44 73 [e-mail] Press Relations Media relations: Hopscotch Capital: Violaine Danet 01 58 65 00 77 / k&[e-mail] Kaufman & Broad: Emmeline Cacitti 06 72 42 66 24 / [e-mail] About Kaufman & Broad- Kaufman & Broad has been designing, building, and selling single-family homes in communities, apartments, and offices on behalf of third parties formore than50 years. Kaufman & Broad is one of the leading French developers-builders due to the combination of its size and profitability, and the strength of its brand. The Kaufman & Broad Registration Document was filed with the French Financial Markets Authority ('AMF') underNo. D.19-0228on March 29, 2019. It is available on the AMF (www.amf-france.org) and Kaufman & Broad (www.kaufmanbroad.fr) websites. It contains a detailed description of Kaufman & Broad's business activities, results, and outlook, as well as the associated risk factors. Kaufman & Broad specifically draws attention to the risk factors set out in Chapter 1.2 of the Registration Document. The occurrence of one or more of these risks may have a material adverse effect on the Kaufman & Broad Group's business activities, net assets, financial position, results, and outlook, as well as on the price of Kaufman & Broad's shares. This press release does not amount to, andcannot be construed as amounting to a public offering, a sale offer or a subscription offer, or as intended to seek a purchase or subscription order in any country. Regulatory filing PDF file Document title: AMENDMENT OF THE MANDATE FOR THE SHARE BUYBACK PROGRAM Document: https://eqs-cockpit.com/c/fncls.ssp?u=WXOSTPALXX

994211 10-March-2020 CET/CEST

MBGONXBJHOHGDHVMYABVBKGR_KBSA_CP_sharebuyback_amendment_n6_eng_V3_WC_.pdf

Source

Kaufman & Broad SA

Provider

EQS Group