BasicNet, update on the execution of the buy-back plan

BasicNet update on the execution of the buy back plan

(Finance) – BasicNetannounced that from 24 to 28 October 2022, bought 22,050 shares at the average price of € 4,899, for a countervalue equal to 108,023.45 eurosas part of the program for the purchase and disposal of treasury shares authorized by the Shareholders’ Meeting on 30 May 2022.

Following the announced purchases, the Italian company group that operates in the clothing, footwear and accessories sector holds a total of 3,662,450 treasury shares, equal to 6.782% of the share capital.

Meanwhile, on the Milanese list, the performance of BasicNet with prices aligned at € 4.84, for a drop of 0.21%.

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