Luxottica: Monthly Update on Share Buyback Program
January 04 2010 - 11:30AM
PR Newswire (US)
MILAN, Jan. 4 /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 December it purchased under that buyback program an aggregate
amount of 682,154 treasury shares on the Milan Stock Exchange's
Mercato Telematico Azionario (MTA) at an average unit price of Euro
17.35, for an aggregate amount of Euro 11,834,145. In parallel,
Luxottica Group's subsidiary, Arnette Optics Illusions Inc., sold
during the same period on the MTA an aggregate amount of 937,307
treasury shares, at an average unit price of Euro 17.27, for an
aggregate amount of Euro 16,184,417. From the beginning of the
program, Luxottica Group purchased an aggregate total amount of
1,352,154 treasury shares, at an average unit price of Euro 17.13,
for an aggregate amount of Euro 23,166,429. In parallel, Luxottica
Group's subsidiary Arnette Optics Illusions Inc. sold an aggregate
total amount of 1,587,307 treasury shares, at an average unit price
of Euro 17.18, for an aggregate amount of Euro 27,271,272.
DATASOURCE: Luxottica Group S.p.A. CONTACT: Ivan Dompe, Group
Director of Corporate Communications, +39 (02) 8633 4726, ; Luca
Biondolillo, SVP of International Corporate Communications,
+1-516-918 3100, ; Alessandra Senici, Group Director of Investor
Relations, +39 (02) 8633 4718, , all of Luxottica Group Web Site:
http://www.luxottica.com/
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