NEW YORK — Pinault-Printemps-Redoute SA’s stake in Gucci Group NV inched up to 63.7 percent in the last month, and it’s leaving the next percentage point in the hands of an agent.

PPR bought 430,000 shares of Gucci for a total of $42 million, an average of $97.65 a share, on the Amsterdam Stock Exchange between May 12 and June 4, according to a Securities and Exchange Commission filing Tuesday. As reported, PPR can buy up to 70 percent of Gucci before the end of the year and has pledged to buy all shares of Gucci it doesn’t own for $101.50 a share next March. Late last month, Gucci reduced the share price by $16 by agreeing to pay shareholders $1.58 billion.

PPR saved about $16.6 million by buying the shares during the past four weeks rather than at the original buyout rate.

PPR also entered into a second purchase plan under which Credit Agricole Indosuez Cheuvreux can buy up to 1 million Gucci shares between today and July 6. The transactions, which would lift PPR’s Gucci stake to about 64.7 percent, are subject to a number of statutes and conditions, including a maximum price of $98.25 a share on the New York Stock Exchange; a maximum share price of 92.25 euros, or the equivalent of $107.76 at Tuesday’s exchange rate, on the Amsterdam Stock Exchange, and an exchange rate of no less than 1.065 dollars per euro.

“The purchase plan allows PPR to be in the market for Gucci stock during a blackout period at a time when it wouldn’t be able to otherwise because of Gucci’s insider trading policies,” said David Katz, attorney at Lipton, Rosen & Katz, which represents PPR in the U.S.

Gucci is scheduled to issue its first-quarter earnings report on July 2 and analysts are expecting the firm to come in at or slightly above its year-ago earnings of 33 cents a share.

Gucci’s U.S. shares hit a 52-week high of $98.01 on May 13 and closed at $97.64, down 3 cents, on Tuesday.

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