Luxottica: monthly update on share buyback program

02 Aug 2010 - 05:46 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 July it purchased under that buyback program an aggregate amount of 460,000 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) at an average unit price of Euro 19.49 per share, for an aggregate amount of Euro 8,965,478.

In parallel, Luxottica Group’s subsidiary, Arnette Optics Illusions Inc., sold during the same period on the MTA an aggregate amount of 106,000 treasury shares, at an average unit price of Euro 19.17 per share, for an aggregate amount of Euro 2,031,623.

Since the launch of the program, Luxottica Group purchased an aggregate total amount of 3,283,866 of its shares, at an average unit price of Euro 18.65 per share, for an aggregate amount of Euro 61,228,683.

In parallel, Luxottica Group’s subsidiary Arnette Optics Illusions Inc. sold an aggregate total amount of 3,108,307 treasury shares, at an average unit price of Euro 18.37 per share, for an aggregate amount of Euro 57,087,285.

Last updated: Jan 02 2014