(Finance) – Forest Chemical Industriesas part of the authorization to purchase treasury shares approved by the ordinary Shareholders’ Meeting on 18 February 2022, he boughtfrom 25 February to 3 March 2022, overall 1,922 treasury shares (corresponding to 0.028% of the share capital) at an average unit price of € 5.8722 for one countervalue total equal to 11,286 euros.
Following the purchases announced above, the total amount of treasury shares held by the company is 506,877 shares, equal to 6.894% of the share capital, while the number of shares issued minus the total number of treasury shares held is equal to 6,845,807. .
The Company specified that the Ordinary Shareholders’ Meeting of April 29, 2020 authorized the purchase of a maximum number of shares representing no more than 10% of the Company’s pro tempore share capital within the limit of the total maximum outlay of 6,800,000. , 00 euros. The authorization approved by the aforementioned Ordinary Shareholders’ Meeting will expire on February 1, 2022.
The total amount of treasury shares held by Industrie Chimiche Forestali, following the purchases just announced, is 1,922 shares, equal to 0.028% of the share capital.
The number of shares issued minus the total number of treasury shares held by Industrie Chimiche Forestali following the announced purchases is 6,843,585. The purchases of treasury shares were made, in accordance with the authorization issued by the Ordinary Shareholders’ Meeting of 18 February 2022, according to the established operating procedures, which do not allow the direct combination of purchase negotiation proposals with predetermined negotiation proposals in sale.
Industrie Chimiche Forestali specified that the ordinary Shareholders’ Meeting of 18 February 2022 authorized the purchase of a number
maximum of 1,000,000 shares within the limit of the maximum total outlay of 8,000,000 euros (it being understood that the nominal value of the shares purchased cannot exceed one fifth of the share capital of Industrie Chimiche Forestali). The authorization approved by the aforementioned Ordinary Shareholders’ Meeting will expire on August 17, 2023.
In Piazza Affari, today, the decline is broken down by Forest Chemical Industrieswhich archives the session with a deadweight loss of 3.44% on the previous values.