Report on share buyback for the purposes of the Long Term Incentive Plan (LTIP) 2024-2026
10 February 2025 - 17:10
REPORT ON SHARE BUYBACK FOR THE PURPOSES OF THE LONG TERM INCENTIVE PLAN (LTIP) 2024-2026 AS WELL AS OF ALL REMUNERATION AND INCENTIVE PLANS APPROVED BY THE SHAREHOLDERS' MEETING AND STILL UNDER EXECUTION, 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 31 January 2025 to 7 February 2025 no. 2,108,500 treasury shares at a weighted average price per share equal to 30.80 euro, for an aggregate amount of 64,935,930.75 euro.
The purchase of treasury shares follows the announcement made on the 30 January 2025 concerning the start of the share buyback for the purposes of the Long Term Incentive Plan (LTIP) 2024-26 as well as the Group's incentive and remuneration plans under execution, 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.
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Following these purchases, as of 7 February 2025 the Company and its subsidiaries owns no. 50,103,453 treasury shares, equal to 3.19% of its share capital.