trending Market Intelligence /marketintelligence/en/news-insights/trending/uFIEIEoy0m9lGFlBFb5DSg2 content esgSubNav
In This List

AccorHotels proposes maximum €1.96B investment in buyback program

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


AccorHotels proposes maximum €1.96B investment in buyback program

AccorHotels proposed an up to €1.96 billion investment in a buyback program for its shares, subject to approval from shareholders during a scheduled annual general meeting May 5.

At a per-share price, the maximum purchase price is proposed at €70.

The company is seeking an 18-month authorization period for the board to trade in the shares on behalf of AccorHotels, except during an ongoing public share offering. If the resolution goes through, AccorHotels can acquire a maximum of 28 million of its shares, representing approximately 10% of the company's capital as of Dec. 31, 2016.