Report on the purchase of treasury shares under buyback program

27 Oct 2016 - 05:52 PM

Milan (Italy), October 27, 2016 – During the period from October 20, 2016 to October 26, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 303,944 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.063% of the issued share capital. The shares were bought at an average price per share equal to Euro 43.1270 net of commissions, and for an aggregate amount of Euro 13,108,198.67.

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 4,828,556 shares equal to 0.997% of the issued share capital.

All the share purchase transactions on the MTA made from October 20, 2016 to October 26, 2016 are detailed in the annex.   

Following the purchases announced today and the treasury shares held, as of October 26, 2016 the Company owns 7,027,694 treasury shares equal to 1.452% of the share capital.

Related press releases: May 24, 2016.

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Last updated: Oct 27 2016