#To See The Beauty Of Life
Report on the purchase of treasury shares under buyback program
Milan (Italy), May 31, 2016 - During the period from May 24, 2016 to May 30, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 43,000 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.009% of the issued share capital. The shares were bought at an average price per share equal to Euro 48.9749, net of commissions, and for an aggregate amount of Euro 2,105,920.00.
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.
Details of the treasury share purchase transactions on the MTA are as follows:
Date |
Number of ordinary |
Average price (Euro) |
Aggregate amount (Euro) |
05/24/2016 |
16,000 |
48.9622 |
783,395.20 |
05/27/2016 |
27,000 |
48.9824 |
1,322,524.80 |
Total |
43,000 |
48.9749 |
2,105,920.00 |
Following the purchases announced today and the treasury shares held, as of May 30, 2016 the Company owns 3,242,138 treasury shares equal to 0.67% of the share capital.
Related press releases: May 24, 2016.