(Finance) – Caleffi announced that it will come on 1 July 2022 launched a program for the purchase of own shares in execution of what, among other things, resolved by the ordinary Shareholders’ Meeting on 11 May 2022 in order, on the one hand, to intervene on the market to carry out a stabilizing action, safeguarding the regular trend of trading from possible speculative phenomena and, on the other hand, to have a portfolio of treasury shares to be able to dispose of, if necessary, in the future, in the context of any extraordinary transactions or for other uses deemed to be of financial, managerial and / or strategic interest for the Company.
The Program may be implemented until the approval of the Company’s Annual Financial Report at 31 December 2022 or, if earlier, until the date on which the overall quantitative limits are reached. maximum 100,000 shares ordinary, for a countervalue maximum established in 135,000 euros.
Banca Akros, as the appointed intermediary, will coordinate the Program in full autonomy and independence in compliance with the procedures and operating limits established by the shareholders’ resolution of 11 May 2022 and the quantitative limits indicated above.
Caleffi specified that as of June 20, it holds 677,266 treasury shares, corresponding to 4.334% of the share capital and that the company controlled by Caleffi does not hold shares.
In Piazza Affari, today, compounded a decrease for the company specializing in Home Fashion items, down by 1.29% on previous values.