Report on the purchase of treasury shares under buyback program

21 Jun 2016 - 06:26 PM

Milan (Italy), June 21, 2016 - During the period from June 14, 2016 to June 20, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 232,743 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.048% of the issued share capital. The shares were bought at an average price per share equal to Euro 44.8549, net of commissions, and for an aggregate amount of Euro 10,439,652.78.

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. As part of the same plan, the Company acquired to date a total of 786,523 shares equal to 0.163% of the issued share capital. 

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)

06/14/2016

40,000

43.9814

1,759,256.00

06/15/2016

45,750

44.8107

2,050,089.53

06/16/2016

47,238

44.3439

2,094,717.15

06/17/2016

51,500

44.7177

2,302,961.55

06/20/2016

48,255

46.2673

2,232,628.56

Totale

232,743

44.8549

10,439,652.78

 

Following the purchases announced today and the treasury shares held, as of June 20, 2016 the Company owns 3,985,661 treasury shares equal to 0,824% of the share capital.

 

Related press releases: May 24, 2016.

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Last updated: Jun 21 2016