Report on the purchase of treasury shares under buyback program

14 Jul 2016 - 06:33 PM

Milan (Italy), July 14, 2016 – During the period from July 7, 2016 to July 13, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 253,874 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.052% of the issued share capital. The shares were bought at an average price per share equal to Euro 43.1665, net of commissions, and for an aggregate amount of Euro 10,958,852.16.

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 2,638,132  shares equal to 0.545% of the issued share capital.

All the share purchase transactions on the MTA made from July 7, 2016 to July 13, 2016 are detailed in the annex. 

Aggregate treasury share purchase transactions on the MTA on a daily basis are as follows:

Date

Number of ordinary
shares purchased

Average price (Euro)

Aggregate amount (Euro)

07/07/2016

53,475

42.6790

2,282,259.53

07/08/2016

49,370

43.0431

2,125,037.85

07/11/2016

48,350

42.9504

2,076,651.84

07/12/2016

51,140

42.8758

2,192,668.41

07/13/2016

51,539

44.2817

2,282,234.54

Total

253,874

43.1665

10,958,852.16

Following the purchases announced today and the treasury shares held, as of July 13, 2016 the Company owns 4,837,270 treasury shares equal to 1.00% of the share capital.

Related press releases: May 24, 2016.

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Last updated: Jan 28 2019