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BIC: Share Capital Reduction by Cancellation of Treasury Shares
Globenewswire· 2025-12-16 16:45
Share Capital Reduction by Cancellation of Treasury Shares Clichy, France – December 16, 2025 - As part of the share buyback program announced by the Company on February 18, 2025, and implemented with the authorization of the Annual General Meeting of May 20, 2025, the Company has acquired 759,848 shares from February 19, 2025, to November 28, 2025, for a total of €40 million. The Board of Directors met today and decided to reduce the Company’s share capital by cancelling 759,848 treasury shares which corre ...
BIC: Disclosure of total number of voting rights and number of shares forming the capital as of November 30, 2025
Globenewswire· 2025-12-04 16:45
Core Points - As of November 30, 2025, Société BIC has a total of 41,621,162 issued shares, with 58,357,014 voting rights, and 57,409,744 voting rights when excluding shares without voting rights [2][6]. Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for its commitment to delivering high-quality, affordable products for 80 years [4]. - The company operates in over 160 countries and employs more than 13,000 team members worldwide [4]. - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Tipp-Ex®, among others [4]. - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, highlighting its significant market presence [4]. Upcoming Events - The full year 2025 results are scheduled to be released on February 24, 2026 [3]. - The first quarter 2026 net sales will be announced on April 28, 2026 [3]. - The Annual General Meeting is set for May 20, 2026 [3].
BIC: Disclosure Of Trading In Own Shares For November 2025
Globenewswire· 2025-12-04 16:45
Disclosure Of Trading In Own SharesFor November 2025 Clichy, France – December 04, 2025 In compliance with general regulation on share buy-backs, Société BIC declares below the transactions made on its own shares for November 2025: DateNumber of sharesAverage weighted price in €Amount in €03/11/202517,60548.5147854,101.2904/11/202518,39948.2263887,315.69<td style="width ...
BIC discontinues Rocketbook and its Skin Creative activities
Globenewswire· 2025-12-04 07:30
Core Insights - BIC has decided to discontinue its Rocketbook and Skin Creative businesses due to their performance not aligning with the Group's ambitions [2][4] - The operational activities of Rocketbook, Inkbox, and Tattly are expected to wind down by the first quarter of 2026 [2] - This decision is not anticipated to affect BIC's full-year 2025 financial outlook, with minimal impact on net sales and adjusted EBIT margin [3] Company Performance - The Rocketbook and Skin Creative businesses have experienced significant declines in net sales and profitability since their acquisitions [4] - CEO Rob Versloot emphasized the need for all activities to contribute to the Group's growth and profitability [4] Future Outlook - The decision reflects a strategic shift aimed at building a strong foundation for BIC's future [4] - BIC remains committed to its core business areas, which include stationery, lighters, and shavers, and continues to focus on delivering high-quality products [6]
BIC Announces Chief Financial Officer succession
Globenewswire· 2025-11-19 16:45
Core Insights - BIC has appointed Grégory Lambertie as Chief Financial & Digital Officer, effective January 5, 2026, to lead global finance, M&A, and IT functions [2][3] - Lambertie brings over 20 years of financial leadership experience, which will support BIC's sustainable growth strategy [3][4] - The CEO, Rob Versloot, expressed confidence in Lambertie's expertise in financial and digital transformation as essential for BIC's future growth [4] Company Overview - BIC is a global leader in stationery, lighters, and shavers, with a presence in over 160 countries and a workforce of over 13,000 [9] - The company has been committed to delivering high-quality, affordable products for 80 years, establishing itself as a symbol of reliability and innovation [9] - BIC's product portfolio includes iconic brands such as BIC® 4-Color™, Cristal®, and Tangle Teezer®, and it is listed on Euronext Paris [9] Leadership Transition - Chris Dayton served as interim CFO during the transition period before Lambertie's appointment [3] - Lambertie's previous roles include Chief Financial Officer at Worldline and various executive positions in the payment industry since 2015 [5][6] - His career includes experience at Ernst & Young, Lehman Brothers, and Trilantic Europe, showcasing a strong background in finance and investment banking [6] Future Outlook - Lambertie aims to drive financial and operational excellence and digital transformation at BIC [4] - The company is focused on building financial agility to capitalize on future opportunities [4] - Upcoming financial results and meetings are scheduled, including Full Year 2025 Results on February 24, 2026 [8]
Disclosure Of Trading In Own Shares For October 2025
Globenewswire· 2025-11-06 16:45
Core Insights - Société BIC has disclosed its share buy-back transactions for October 2025, indicating a total of 53,527 shares repurchased at an average price of €49.7312, amounting to €2,661,963.64 in total expenditure [2]. Summary by Sections Share Buy-Back Transactions - On October 2, 2025, BIC repurchased 8,016 shares at an average price of €53.1000, totaling €425,648.00 [2] - On October 29, 2025, BIC bought back 13,108 shares at an average price of €49.8128, amounting to €652,946.05 [2] - On October 30, 2025, 15,849 shares were repurchased at an average price of €49.1505, totaling €778,986.54 [2] - On October 31, 2025, BIC acquired 16,554 shares at an average price of €48.5915, resulting in an expenditure of €804,383.05 [2] - The total number of shares repurchased in October 2025 was 53,527, with an average price of €49.7312 [2] Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for its commitment to high-quality and affordable products [4] - The company operates in over 160 countries with a workforce of more than 13,000 employees [4] - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Cristal®, among others [4] - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, emphasizing its market presence [4]
Disclosure of total number of voting rights and number of shares forming the capital as of October 31, 2025
Globenewswire· 2025-11-06 16:45
Core Points - As of October 31, 2025, the total number of issued shares of SOCIÉTÉ BIC is 41,621,162 shares [2] - The company has a total of 58,357,733 voting rights, with 57,750,137 voting rights excluding shares without voting rights [6] Company Overview - BIC is a global leader in stationery, lighters, and shavers, known for delivering high-quality, affordable products for 80 years [4] - The company operates in over 160 countries with a workforce of over 13,000 team members [4] - BIC's product portfolio includes well-known brands such as BIC® 4-Color™, BodyMark®, and Cristal®, among others [4] - BIC is listed on Euronext Paris and is part of the SBF120 and CAC Mid 60 indexes, emphasizing its market presence [4]
BIC: Q3 & 9M 2025 Net Sales
Globenewswire· 2025-10-28 16:44
Core Insights - BIC's Q3 2025 net sales were 519 million euros, reflecting a slight increase of +0.3% at constant currency but a decrease of -3.3% when excluding Tangle Teezer [2][4] - The company announced the divestiture of its Cello activities in India, indicating a strategic shift as the growth and profitability of these operations no longer aligned with BIC's ambitions [3][21][22] - Following a soft performance in Q3, BIC revised its FY 2025 outlook, anticipating net sales growth at constant currency in the range of -1% to -1.5% and an adjusted EBIT margin around 13.7% [7][11][8] Financial Performance - Q3 2025 net sales by division showed varied performance: - Human Expression: 192 million euros, down -0.5% at constant currency [6][10] - Flame for Life: 175 million euros, down -4.3% at constant currency [6][15] - Blade Excellence: 146 million euros, up +7.4% at constant currency, but down -6.1% excluding Tangle Teezer [6][20] - For the first nine months of 2025, net sales were 1,595 million euros, a decrease of -5.0% compared to the same period in 2024 [4][25] Regional Performance - In Europe, Q3 net sales were relatively flat at constant currency, with strong Back-to-School sales in Eastern Europe, Germany, and the UK, but weaker performance in Southern Europe [12][24] - North America experienced high-single-digit growth in Q3, driven by a solid performance in the US stationery market, although this was partially offset by poor results in other segments [12][24] - Latin America saw a decline in Q3 net sales, primarily due to competitive pressures in Mexico, while Brazil showed slight improvement [12][24] Strategic Actions - The divestiture of Cello activities in India is part of a broader strategy to sharpen focus on operations and invest in markets with a winning strategy [21][23] - CEO Rob Versloot emphasized the need for swift action to define a clear plan for BIC's future, indicating a commitment to improving operational performance [6][8][23]
BIC: Disclosure Of Trading In Own Shares For September 2025
Globenewswire· 2025-10-06 15:45
Core Insights - Société BIC has disclosed its share buy-back transactions for September 2025, indicating a total of 103,290 shares repurchased at an average weighted price of €53.2962, amounting to a total expenditure of €5,504,967.57 [2] Summary by Category Share Buy-Back Transactions - On September 8, 2025, BIC repurchased 4,122 shares at an average price of €53.8865, totaling €222,120.15 - On September 10, 2025, BIC repurchased 9,521 shares at an average price of €52.7926, totaling €502,638.34, and an additional 158 shares at the same price, totaling €8,341.23 - On September 11, 2025, 5,714 shares were repurchased at €52.9831, amounting to €302,745.43 - On September 16, 2025, 7,838 shares were bought back at €53.4215, totaling €418,717.40 - On September 19, 2025, 11,611 shares were repurchased at €52.6000, amounting to €610,738.60 - On September 24, 2025, BIC repurchased 382 shares at €53.2945 for €20,358.51 and 6,606 shares at the same price for €352,063.59 - On September 25, 2025, 283 shares were bought back at €52.7360, totaling €14,924.30 - On September 26, 2025, 9,995 shares were repurchased at €53.4778, amounting to €534,510.40 - On September 29, 2025, BIC repurchased 39,415 shares at €53.6000, totaling €2,112,644.00 - On September 30, 2025, 3,236 shares were bought back at €53.0000 for €171,508.00 and 4,409 shares at €52.9956 for €233,657.60 [2] Company Overview - BIC is a global leader in stationery, lighters, and shavers, with a commitment to delivering high-quality, affordable products for over 80 years - The company operates in more than 160 countries and employs over 13,000 team members worldwide, offering a portfolio of iconic brands and products [4][5]
Evolution of Société BIC’s Board of Directors composition
Globenewswire· 2025-09-12 15:45
Core Insights - Société BIC has announced changes to its Board of Directors, including the cooptation of three new directors, which will be ratified at the next Shareholders' Meeting in May 2026 [2][6] - The new directors include Albert Baladi, an expert in consumer goods, and Geoffroy Bich, who has extensive experience within the company [2][3][6] - Rob Versloot has been appointed as the new CEO, effective September 15, 2025, succeeding Gonzalve Bich, who will remain as Senior Advisor [6] Board Composition Changes - Three new directors have been coopted: Albert Baladi, Geoffroy Bich, and Rob Versloot [2][6] - Albert Baladi brings nearly four decades of experience in the consumer goods and food & beverage industries, having held senior positions at Procter & Gamble, PepsiCo, and Yum! Brands [2] - Geoffroy Bich has over 30 years of experience within BIC, having worked in various roles across the company's divisions and overseeing industrial sites globally [3] Leadership Transition - Rob Versloot will take over as CEO, replacing Gonzalve Bich, who will transition to a Senior Advisor role [6] - Albert Baladi will also serve on the Audit Committee and the Nominations, Governance and CSR Committee [6] - The Board expressed gratitude to outgoing directors Gonzalve Bich, Jake Schwartz, and Timothée Bich for their contributions [4]