Milan, 6 May 2024 – Following the resolution of the Board of Directors on 28 April 2023 on the continuation of the share buyback plan launched on 16 March 2022, in accordance with and in execution of the authorization granted by the Shareholders’ Meeting on 28 April 2023, CIR S.p.A. announces that between 29 April and 3 May 2024 it bought back, on the Euronext Milan market, 235,550 shares at an average unitary price of € 0.5654, for a total amount of € 133,173.12.
As of today, CIR S.p.A. is holding a total of 74,336,889 treasury shares, equal to 6.71% of its share capital. The subsidiaries of CIR do not own any shares in the Company.
The cancellation of n. 60,000,000 of own shares, approved by the extraordinary shareholders’ meeting on 29 April 2024, will become effective upon filing of the articles of association with the company register which will acknowledge the change in the number of shares constituting the share capital following, the cancellation itself, to be carried out within 30 days from the date of the aforementioned meeting.
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