Report on the purchase of treasury shares under buyback program

31 May 2016 - 05:59 PM

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
shares purchased

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.

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Last updated: Jan 31 2019