Share buyback: 0.38% completed as at 30 November 2023
Share buyback: 0.38% completed as at 30 November 2023
The share buyback programme authorized by shareholders at the Annual General Meeting held on 28 October 2023 and the European Central Bank on 20 October 2023 commenced on 13 November 2023. The programme will be completed within twelve months of receipt of the ECB authorization, and entails the acquisition of up to 17 million shares for use in possible acquisitions, execution of Group staff compensation schemes, sale on the market and OTC, and/or for cancellation.
As at 30 November 2023, under the terms of the programme, Mediobanca had acquired a total of 3,231,748 shares, equal to 0,38% of the company’s share capital, for a total outlay of approx. €36.6m.
Milan, 6 December 2023