#To See The Beauty Of Life
Report on the purchase of treasury shares under buyback program
Milan (Italy), July 5, 2016 - During the period from June 28, 2016 to July 4, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 255,279 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.053% of the issued share capital. The shares were bought at an average price per share equal to Euro 44.7176, net of commissions, and for an aggregate amount of Euro 11,415,455.93.
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 2,277,583 shares equal to 0.471% of the issued share capital.
Details of the treasury share purchase transactions on the MTA are as follows:
Date |
Number of ordinary |
Average price (Euro) |
Aggregate amount (Euro) |
06/28/2016 |
43,759 |
46.1717 |
2,020,427.42 |
06/29/2016 |
44,306 |
45.4798 |
2,015,028.02 |
06/30/2016 |
63,255 |
44.0897 |
2,788,893.97 |
07/01/2016 |
41,574 |
43.9989 |
1,829,210.27 |
07/04/2016 |
62,385 |
44.2718 |
2,761,896.24 |
Total |
255,279 |
44.7176 |
11,415,455.93 |
Following the purchases announced today and the treasury shares held, as of July 4, 2016 the Company owns 4,476,721 treasury shares equal to 0.925% of the share capital.
Related press releases: May 24, 2016.