Luxottica: monthly update on share buyback program

01 Oct 2010 - 05:38 PM

In connection with the share buyback program approved at the Shareholders’ Meeting on October 29, 2009, and launched on November 16, 2009, Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that during the month of September it purchased under that buyback program an aggregate amount of 577,014 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) at an average unit price of Euro 19.46 per share, for an aggregate amount of Euro 11,226,948.

In parallel, Luxottica Group’s subsidiary, Arnette Optic Illusions Inc., sold during the same period on the MTA an aggregate amount of 770,773 treasury shares, at an average unit price of Euro 19.52 per share, for an aggregate amount of Euro 15,043,997.

Since the launch of the program, Luxottica Group purchased an aggregate total amount of 3,985,880 of its shares, at an average unit price of Euro 18.77 per share, for an aggregate amount of Euro 74,829,103.

In parallel, Luxottica Group’s subsidiary Arnette Optic Illusions Inc. sold an aggregate total amount of 4,114,780 treasury shares, at an average unit price of Euro 18.66 per share, for an aggregate amount of Euro 76,794,344.

Last updated: Jan 02 2014