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Poste Italiane
Transaction in Own Shares • May 31, 2024
4431_rns_2024-05-31_0136ab73-57fa-41a4-b4b1-584fed89a5e0.pdf
Transaction in Own Shares
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| Informazione Regolamentata n. 1130-37-2024 |
Data/Ora Inizio Diffusione 31 Maggio 2024 18:00:06 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | POSTE ITALIANE | |
| Identificativo Informazione Regolamentata |
: | 191566 | |
| Utenza - Referente | : | POSTEN03 - Fabio Ciammaglichella | |
| Tipologia | : | 2.4 | |
| Data/Ora Ricezione | : | 31 Maggio 2024 18:00:06 | |
| Data/Ora Inizio Diffusione | : | 31 Maggio 2024 18:00:06 | |
| Oggetto | : | POSTE ITALIANE ANNOUNCES THE START OF A SHARE BUYBACK PROGRAMME |
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| Testo del comunicato |
Vedi allegato
POSTE ITALIANE ANNOUNCES THE START OF A SHARE BUYBACK PROGRAMME
Rome, 31 May 2024 – Poste Italiane S.p.A. ("Poste Italiane"), announces the launch today of a share buy-back programme which will take place, starting from 3 June 2024, in accordance and within the authorization granted by Poste Italiane's Shareholders' Meeting resolution dated 31 May 2024 and publicly available.
Purchase of the shares will take place directly, in compliance with the applicable laws and the above-mentioned Shareholders' resolution.
The buy-back programme's purpose is to fulfil the obligations arising from the variable remuneration, to be paid in Poste Italiane shares, for Directors or employees of the Poste Italiane Group. The authorized purchase of Poste Italiane own shares may concern up to a maximum of 3.5 million shares, representing about 0.27% of the share capital, for a total sum of up to €56 million.
Possible share purchases will be made on the Automated Trading Market pursuant to art. 144-bis, paragraph 1, letter b) of Consob regulation no. 11971/1999 and successive modifications, made so as to ensure parity in the treatment of all Shareholders, as provided by art. 132 of Legislative Decree 58/98, and on regulated trading venues with the methods and operational procedures as governed by Borsa Italiana S.p.A. regulations.
Poste Italiane may complete the repurchase - which may be executed partially or in several tranches - as per the authorizing shareholders' resolution, within a period of 18 months.
Poste Italiane will inform the market of transactions carried out as part of the programme within the timeframes required by the relevant regulations.
The own shares currently held by Poste Italiane amount to 10,675,798 shares.
For more information:
Poste Italiane S.p.A Investor Relations Poste Italiane S.p.A. Media Relations Tel. +39 06 5958 4716 Tel. +39 06 5958 2097 Mail: [email protected] Mail: [email protected] www.posteitaliane.it