Report on the purchase of treasury shares under buyback program

20 Oct 2016 - 05:43 PM

Milan (Italy), October 20, 2016 – During the period from October 13, 2016 to October 19, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 408,768 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.084% of the issued share capital. The shares were bought at an average price per share equal to Euro 41.6483 net of commissions, and for an aggregate amount of Euro 17,024,491.88.

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 4,524,612 shares equal to 0.935% of the issued share capital. All the share purchase transactions on the MTA made from October 13, 2016 to October 19, 2016 are detailed in the annex.

Following the purchases announced today and the treasury shares held, as of October 19, 2016 the Company owns 6,723,750 treasury shares equal to 1.389% of the share capital. 

Related press releases: May 24, 2016. 

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Last updated: Oct 20 2016