Dec 13 2011 12:57
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Milan, 13 December 2011 - Piaggio & C. S.p.A. announces the purchase, on 7 December 2011, 8 December 2011 and 9 December 2011 of no. 420.000 treasury shares at an average price of 2,0918 Euro per share, for a total of 878.541 Euro, pursuant to the resolution passed at the Shareholders’ Meeting held on 13 April 2011 (previously communicated as per article 144 bis of Consob Regulation no. 11971/1999).
Details of the transactions on a daily basis are indicated below:
Date | No. of purchased shares | Average price (euro) | Total (euro) |
7/12/2011 | 160.000 | 2,1354 | 341.664 |
8/12/2011 | 250.000 | 2,0651 | 516.275 |
9/12/2011 | 10.000 | 2,0602 | 20.602 |
Following these transactions, taking into account the treasury shares already in portfolio, Piaggio & C. S.p.A. holds a total of no. 5.735.080 treasury shares, equal to 1,543% of the share capital.