Luxottica: Monthly Update On Share Buyback Program
February 01 2010 - 11:30AM
PR Newswire (US)
MILAN, Feb. 1 /PRNewswire-FirstCall/ -- In connection with the
share buyback program approved at the Shareholders' Meeting on
October 29, 2009 and launched on November 16, 2009, Luxottica Group
S.p.A. (NYSE: LUX; MTA: LUX) announced today that during the month
of January it purchased under that buyback program an aggregate
amount of 262,000 treasury shares on the Milan Stock Exchange's
Mercato Telematico Azionario (MTA) at an average unit price of Euro
18.58, for an aggregate amount of Euro 4,868,740. In parallel,
Luxottica Group's subsidiary, Arnette Optics Illusions Inc., sold
during the same period on the MTA an aggregate amount of 335,000
treasury shares, at an average unit price of Euro 18.53, for an
aggregate amount of Euro 6,206,737. From the beginning of the
program, Luxottica Group purchased an aggregate total amount of
1,614,154 treasury shares, at an average unit price of Euro 17.37,
for an aggregate amount of Euro 28,035,169. In parallel, Luxottica
Group's subsidiary Arnette Optics Illusions Inc. sold an aggregate
total amount of 1,922,307 treasury shares, at an average unit price
of Euro 17.42, for an aggregate amount of Euro 33,478,009.
DATASOURCE: Luxottica Group S.p.A. CONTACT: Ivan Dompe, Group
Director of Corporate Communications, +39(02)8633-4726, , or Luca
Biondolillo, SVP of International Corporate Communications,
+1-516-918-3100, , or Alessandra Senici, Group Director of Investor
Relations, +39(02)8633-4038,
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