Report on share buyback for the purposes of cancelling own shares as part of the implementation of the 2022-2024 strategic plan
04 November 2024 - 16:43
REPORT ON SHARE BUYBACK FOR THE PURPOSES OF CANCELLING OWN SHARES AS PART OF THE IMPLEMENTATION OF THE 2022-2024 STRATEGIC PLAN (LIFETIME PARTNER 24: DRIVING GROWTH), IMPLEMENTING THE RESOLUTION OF THE SHAREHOLDERS' MEETING OF 24 APRIL 2024.
Trieste - Assicurazioni Generali S.p.A. (or the "Company") announces that it has purchased on the Euronext Milan market, organised and managed by Borsa Italiana S.p.A., during the period from 28 October 2024 to 1 November 2024 no. 1,405,568 treasury shares at a weighted average price per share equal to 25.71 euro, for an aggregate amount of 36,144,072.63 euro.
The purchase of treasury shares follows the announcement made on 9 August concerning the start of the share buyback for the purposes of cancelling own shares, implementing the resolution of the Shareholders' Meeting of 24 April 2024 and the announcement made in the press release of 24 April 2024.
On the basis of the information provided by the intermediary appointed to carry out the purchases, please find below a table that summarises, in a daily and aggregate form, the Company’s ordinary shares’ purchases transactions carried out by the same intermediary on the Euronext Milan market during the period indicated above.
Following these purchases, as of 1 November 2024 the Company and its subsidiaries owns no. 42,429,300 treasury shares, equal to 2.70% of its share capital.