Luxottica: monthly update on share buyback program
Milan, Italy
02.01.2010 -
17:47
Price Sensitive
Milan, Italy – February 1, 2010 - In connection with the share buyback program approved at the Shareholders’ Meeting on October 29, 2009 and launched on November 16, 2009, Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that during the month of January it purchased under that buyback program an aggregate amount of 262,000 treasury shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) at an average unit price of Euro 18.58, for an aggregate amount of Euro 4,868,740.
In parallel, Luxottica Group’s subsidiary, Arnette Optics Illusions Inc., sold during the same period on the MTA an aggregate amount of 335,000 treasury shares, at an average unit price of Euro 18.53, for an aggregate amount of Euro 6,206,737.
From the beginning of the program, Luxottica Group purchased an aggregate total amount of 1,614,154 treasury shares, at an average unit price of Euro 17.37, for an aggregate amount of Euro 28,035,169. In parallel, Luxottica Group’s subsidiary Arnette Optics Illusions Inc. sold an aggregate total amount of 1,922,307 treasury shares, at an average unit price of Euro 17.42, for an aggregate amount of Euro 33,478,009.
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Last update: 1 FEBRUARY 2010
