Press release
6 February 2023
REPORT ON THE PURCHASE OF TREASURY SHARES
Rome, February 6, 2023 – ENAV announces that, as part of the share buyback program authorized by the Shareholders’ Meeting held on 03 June 2022, from January 30 to February 3, 2023, it has purchased 259,000 ordinary shares of the Company on the Euronext Milan, at an average price of EUR 4.29420 per share, net of commission. The total purchase price paid was EUR 1,112,196.52.
As previously communicated, the objective of the share buy-back program is to purchase ENAV SpA ordinary shares that will be allocated to service the long-term management incentive plan approved by the Shareholders’ Meeting.
Details of the daily transactions are shown below:
|
Date |
No. of ordinary shares acquired |
Net average unit price per share (EUR) |
Net purchase price paid (EUR) |
|
30/01/2023 |
54,000 |
4.25058 |
229,531.11 |
|
31/01/2023 |
55,000 |
4.24184 |
233,301.40 |
|
01/02/2023 |
50,000 |
4.26870 |
213,434.76 |
|
02/02/2023 |
50,000 |
4.35046 |
217,523.17 |
|
03/02/2023 |
50,000 |
4.36812 |
218,406.08 |
|
Total |
259,000 |
4.29420 |
1,112,196.52 |
Following the above-mentioned purchases, ENAV currently holds 629,519 treasury shares, equal to 0.116% of its share capital.