Report on the purchase of treasury shares under buyback program

28 Jun 2016 - 06:13 PM

Milan (Italy), June 28, 2016 - During the period from June 21, 2016 to June 27, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 235,781 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.049% of the issued share capital. The shares were bought at an average price per share equal to Euro 45.8508, net of commissions, and for an aggregate amount of Euro 10,810,758.24.

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 2,022,304 shares equal to 0.418% 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)

06/21/2016

46,372

46.2701

2,145,637.08

06/22/2016

47,823

46.0788

2,203,626.45

06/23/2016

45,570

46.6563

2,126,127.59

06/24/2016

45,843

45.6068

2,090,752.53

06/27/2016

50,173

44.7375

2,244,614.59

Total

235,781

45.8508

10,810,758.24

Following the purchases announced today and the treasury shares held, as of June 27, 2016 the Company owns 4,221,442 treasury shares equal to 0.873% of the share capital.

Related press releases: May 24, 2016.

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Last updated: Jan 31 2019