7 September 2018
Rome, 7 September 2018 – ENAV announces that, as part of the share buyback program authorized by the Shareholders’ Meeting held on 27 April 2018, from August 29 to September 5, 2018 it has purchased 14,623 ordinary shares of the Company on the Italian Stock Exchange (M.T.A.) at an average price of EUR 4.17689 per share, net of commission. The total purchase price paid was EUR 61,078.62.
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 price per share (EUR) |
Net purchase price paid (EUR) |
08/29/2018 |
9,623 |
4.17527 |
40,178.62 |
09/05/2018 |
5,000 |
4.18000 |
20,900.00 |
Total |
14,623 |
4.17689 |
61,078.62 |
Following the above-mentioned purchases, ENAV currently holds 614,623 treasury shares, equal to 0.11345% of its share capital.