Bologna, November 19th 2018 - Datalogic S.p.A. (Borsa Italiana S.p.A: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. (“Datalogic”), announces that, in execution of the Shareholders’ Meeting resolution of May 23rd 2018 authorising the purchase and disposal of treasury shares, on November 19th an agreement was signed with a leading broker for the repurchase of treasury shares on the market (known as “buy-back”).
The broker will make the purchases in complete independence, in compliance with the pre established contractual parameters and criteria, as well as restrictions of applicable regulations and the Shareholders’ Meeting resolution of May 23rd 2018. The purchases will be made in such a manner as to comply with the equal treatment of shareholders pursuant to Art. 132 of the Consolidated Finance Act, as well as according to the operating procedures established in the organisation and management regulations of Borsa Italiana S.p.A.
In particular, the buy-back agreement provides for the repurchase of a maximum of 400,000 shares, and a duration from November 20, 2018 to March 31, 2019.
As of today's date, the Company has no. 647.918 treasury shares, equal to 1,11% of share capital. The controlled companies by the Company do not own shares of the same.