Luxottica Group terminates the share buyback program announced on May 24, 2016
Milan (Italy), November 7, 2016 – During the period from November 3, 2016 to November 7, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 70,589 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.015% of the issued share capital. The shares were bought at an average price per share equal to Euro 46.6479 net of commissions, and for an aggregate amount of Euro 3,292,830.69.
The Group announces also today the conclusion of the share buyback program up to 4 million ordinary shares equal to 0.826% of the issued share capital, announced on May 24, 2016 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 5 million shares equal to 1.033% of the issued share capital.