Source: Hospitality Net

Jinjianghotels: Agreement between Accor and Jinjiang International for the repurchase by Accor of 2.77% of its own shares held by Jinjiang International

Accor announces that it has concluded on March 11, 2024 a share purchase agreement to repurchase a block of 7 million of its own shares - representing 2.77% of its capital[1] - from Jinjiang International. The price per Accor share for this transaction is €39.22, i.e. at a discount of 3.0% compared to the closing price of March 11, 2024 of €40.43.

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Annual Revenue
$1.0-5.0B
Employees
10-50K
Yu Minliang's photo - Chairman & CEO of Jinjianghotels

Chairman & CEO

Yu Minliang

CEO Approval Rating

80/100

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