Milan (Italy), 2016-Jul-06 — /EPR Retail News/ — During the period from June 28, 2016 to July 4, 2016, Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) acquired 255,279 shares on the Milan Stock Exchange’s Mercato Telematico Azionario (MTA) equal to 0.053% of the issued share capital. The shares were bought at an average price per share equal to Euro 44.7176, net of commissions, and for an aggregate amount of Euro 11,415,455.93.
These purchases were made pursuant to the plan to purchase treasury shares, announced on May 24, 2016, and in accordance with the resolution approved at the Company’s General Meeting of Stockholders on April 29, 2016. Since the resolution approval, the Company acquired to date a total of 2,277,583 shares equal to 0.471% of the issued share capital.
Details of the treasury share purchase transactions on the MTA are as follows:
| Date | Number of ordinary shares purchased |
Average price (Euro) | Aggregate amount (Euro) |
| 06/28/2016 | 43,759 | 46.1717 | 2,020,427.42 |
| 06/29/2016 | 44,306 | 45.4798 | 2,015,028.02 |
| 06/30/2016 | 63,255 | 44.0897 | 2,788,893.97 |
| 07/01/2016 | 41,574 | 43.9989 | 1,829,210.27 |
| 07/04/2016 | 62,385 | 44.2718 | 2,761,896.24 |
| Total | 255,279 | 44.7176 | 11,415,455.93 |
Following the purchases announced today and the treasury shares held, as of July 4, 2016 the Company owns 4,476,721 treasury shares equal to 0.925% of the share capital.
Luxottica Group S.p.A.
Luxottica is a leader in the design, manufacture and distribution of fashion, luxury and sports eyewear. Its portfolio includes proprietary brands such as Ray-Ban, Oakley, Vogue Eyewear, Persol, Oliver Peoples and Alain Mikli, as well as licensed brands including Giorgio Armani, Burberry, Bulgari, Chanel, Coach, Dolce&Gabbana, Michael Kors, Prada, Ralph Lauren, Tiffany & Co. and Versace. The Group’s global wholesale distribution network covers more than 150 countries and is complemented by an extensive retail network of over 7,200 stores, with LensCrafters and Pearle Vision in North America, OPSM and LensCrafters in Asia-Pacific, GMO in Latin America and Sunglass Hut worldwide. In 2015, Luxottica posted net sales of approximately Euro 9 billion and approximately 79,000 employees. Additional information on the Group is available at www.luxottica.com.
Contacts:
Alessandra Senici
Group Investor Relations and Corporate Communications Director
Tel.: +39 (02) 8633 4870
Email: InvestorRelations@luxottica.com
http://www.luxottica.com/en/investors/contacts
Source: Luxottica Group