Report on the purchase of treasury shares under buyback program
Milan (Italy), November 3, 2016 – During the period from October 27, 2016 to November 2, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 100,855 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.021% of the issued share capital. The shares were bought at an average price per share equal to Euro 44.9670 net of commissions, and for an aggregate amount of Euro 4,535,150.38.
These purchases were made pursuant to the plan to purchase treasury shares, announced on May 24, 2016, and in accordance with the resolution approved at the Company’s General Meeting of Stockholders on April 29, 2016. Since the resolution approval, the Company acquired to date a total of 4,929,411 shares equal to 1.018% of the issued share capital.
All the share purchase transactions on the MTA made from October 27, 2016 to November 2, 2016 are detailed in the annex.
Following the purchases announced today and the treasury shares held, as of November 2, 2016 the Company owns 7,128,549 treasury shares equal to 1.473% of the share capital.
Related press releases: May 24, 2016.