(Finance) – LINE has communicated that it has purchasedbetween 24 March and 6 April 2022, overall 240,000 ordinary shares (representing 0.4701% of the share capital), at the average unit price of € 9.68 per share, for a countervalue overall of 2,323,582 euros.
These transactions were carried out as part of the buy-back program for the purpose of purchasing up to 240,000 Fila ordinary shares representing 0.4701% of the share capital, the launch of which was approved by the Company’s Board of Directors in dated 23 March 2022, and based on the authorization approved by the Ordinary Shareholders’ Meeting of 27 April 2021.
Following the transactions carried out between March 24 and April 6, 2022, the Company has purchased the maximum number of treasury shares covered by the Program and, therefore, the latter has been completed.
Before the launch of the Program, Fila owned 51,500 own ordinary shares, representing 0.1009% of the share capital, therefore, following the purchases made during the Program, Fila owns a total of 291,500 own shares, equal to approximately
0.5709% of the share capital.
Meanwhile, on the Milanese list, the performance of LINEwhich stands at 9.36 euros, with an increase of 0.32%.