Press release
13 February 2023
REPORT ON THE PURCHASE OF TREASURY SHARES
Rome, February 13, 2023 – ENAV announces that, as part of the share buyback program authorized by the Shareholders’ Meeting held on 03 June 2022, from February 6 to February 10, 2023, it has purchased 241,000 ordinary shares of the Company on the Euronext Milan, at an average price of EUR 4.33794 per share, net of commission. The total purchase price paid was EUR 1,045,443.24.
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) |
|
06/02/2023 |
50,000 |
4.35646 |
217,822.75 |
|
07/02/2023 |
60,000 |
4.34343 |
260,606.06 |
|
08/02/2023 |
50,000 |
4.34465 |
217,232.37 |
|
09/02/2023 |
55,000 |
4.35042 |
239,272.95 |
|
10/02/2023 |
26,000 |
4.25035 |
110,509.11 |
|
Total |
241,000 |
4.33794 |
1,045,443.24 |
Following the above-mentioned purchases, ENAV currently holds 870,519 treasury shares, equal to 0.161% of its share capital.