Danone - To offset the dilutive impact of its annual employee shareholder plans, Danone launches a buyback of 3.8 million shares

Rhea-AI Summary

Danone (OTCQX:DANOY) has mandated an investment service provider to buy back around 3.8 million shares to offset dilution from employee capital increases and long-term incentive plans to be implemented in 2026. The purchase period starts on December 5, 2025 and will be executed over the coming weeks. Repurchased shares will be allocated to employee shareholding plans.

The buyback authorization was renewed by the General Shareholders’ Meeting on April 24, 2025. Details are available in section 7.2 of Danone’s 2024 Universal Registration Document. Danone reported €27.4 billion in sales in 2024 and highlights its Renew strategy and B Corp certification in 2025.

Positive

• 3.8 million shares committed for repurchase
• Buyback starts Dec 5, 2025 and will execute over coming weeks
• Repurchased shares to offset employee-plan dilution
• Buyback authorization renewed by shareholders on Apr 24, 2025

Negative

• Repurchased shares will be reallocated to employee plans, not permanently cancelled

Paris, December 4, 2025, at 6:00 PM CET

To offset the dilutive impact of its annual employee shareholder plans, Danone launches a buyback of 3.8 million shares

Danone announces today that it has signed a mandate with an investment service provider for the purchase of around 3.8 million of its own shares. This aims to offset the dilutive impacts resulting from the capital increases reserved to employees and the long-term incentive plans to be implemented in 2026.

The purchase period starts on December 5, 2025, and the program will be executed over the coming weeks.

The repurchased shares will be allocated to employee shareholding plans.

Details of the share buyback program, whose authorization has been renewed by the General Shareholders’ Meeting of April 24, 2025, are available in section 7.2 of Danone’s 2024 Universal Registration Document, available on Danone’s website.

About Danone (www.danone.com) 

Danone is a leading global food and beverage company operating in three health-focused, fast-growing and on-trend Categories: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. With a long-standing mission of bringing health through food to as many people as possible, Danone aims to inspire healthier and more sustainable eating and drinking practices while committing to achieve measurable nutritional, social, societal and environment impact. Danone has defined its Renew strategy to restore growth, competitiveness, and value creation for the long-term. With over 90,000 employees, and products sold in over 120 markets, Danone generated €27.4 billion in sales in 2024. Danone’s portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including AQUA, Blédina, Bonafont, Cow & Gate, Mizone, Oikos and Silk). Listed on Euronext Paris and present on the OTCQX platform via an ADR (American Depositary Receipt) program, Danone is a component stock of leading sustainability indexes including the ones managed by Moody’s and Sustainalytics, as well as MSCI ESG Indexes, FTSE4Good Index Series, Bloomberg Gender Equality Index, and Access to Nutrition Index. Danone has achieved B Corp^TM certification at global level in 2025. 

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FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements concerning Danone that are subject to risks and uncertainties. Generally, you can identify these forward-looking statements by forward-looking words, such as “estimate”, “expect”, “anticipate”, “project”, “plan”, “intend”, “objective”, “believe”, “forecast”, “guidance”, “foresee”, “likely”, “may”, “should”, “goal”, “target”, “might”, “will”, “could”, “predict”, “continue”, “convinced” and “confident,” the negative or plural of these words and other comparable terminology or by using future dates. Forward-looking statements in this press release include but are not limited to predictions of future activities, operations, direction, performance and results of Danone. These forward-looking statements are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those anticipated in these forward-looking statements. For a detailed description of risks and uncertainties, please refer to the “Risk Factor” section of Danone’s Universal Registration Document (the current version of which is available at www.danone.com).

Subject to regulatory requirements, Danone does not undertake to publicly update or revise any of these forward-looking statements. This document does not constitute an offer to sell or a solicitation of an offer to buy Danone securities.

Attachment

• PR Danone 04122025

FAQ

How many shares is Danone (DANOY) buying back and why?

Danone is buying back around 3.8 million shares to offset dilution from employee capital increases and long-term incentive plans in 2026.

When does the Danone (DANOY) buyback start and how long will it run?

The purchase period starts on December 5, 2025 and the program will be executed over the coming weeks.

Will Danone (DANOY) cancel the repurchased shares?

No; the press release says repurchased shares will be allocated to employee shareholding plans, not cancelled.

Was the Danone (DANOY) buyback authorized by shareholders?

Yes; the buyback authorization was renewed by the General Shareholders’ Meeting on April 24, 2025.

Where can investors find details of Danone's (DANOY) buyback program?

Details are available in section 7.2 of Danone’s 2024 Universal Registration Document on Danone’s website.