Press Release: Report on the purchase of treasury shares under buyback program

07 Jul 2016 - 05:42 PM

Milan (Italy), July 7, 2016  – The press release issued on July 5, 2016 by Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) is hereby updated to announce it has acquired, during the period from June 28, 2016 to July 6, 2016,  361,954 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.075% of the issued share capital. The shares were bought at an average price per share equal to Euro 44.2148, net of commissions, and for an aggregate amount of Euro 16,003,713.04.

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 2,384,258  shares equal to 0.493% of the issued share capital.

All the share purchase transactions on the MTA made from June 28, 2016 to July 6, 2016 are detailed in the annex. 

Aggregate treasury share purchase transactions on the MTA on a daily basis are as follows: 

Date

Number of ordinary
shares purchased

Average price (Euro)

Aggregate amount (Euro)

06/28/2016

43,759

46.1717

2,020,427.42

06/29/2016

44,306

45.4798

2,015,028.02

06/30/2016

63,255

44.0897

2,788,893.97

07/01/2016

41,574

43.9989

1,829,210.27

07/04/2016

62,385

44.2718

2,761,896.24

07/05/2016

52,320

43.4576

2,273,701.63

07/06/2016

54,355

42.5822

2,314,555.48

Total

361,954

44.2148

16,003,713.04

Following the purchases announced today and the treasury shares held, as of July 6, 2016 the Company owns 4,583,396  treasury shares equal to 0.947% of the share capital.           

Related press releases: May 24, 2016.

Attachments 
PDF Pdf 1.25 MB
Last updated: Feb 07 2019