(Tiper Stock Exchange) – Fincantieri communicated thelaunch of a treasury share buyback programme to service the existing incentive plans approved by the Company and in particular the incentive plan called “Performance Share Plan 2019-2021”, aimed at the Company’s management.
The Program, which will run from from 20 March to 6 April 2023will concern a maximum number of Fincantieri shares equal to 10,000,000, corresponding to approximately 0.59% of the Company’s share capital. The potential disbursement connected to the execution of the Program is estimated at approximately 5,210,000 euros.
As at 17 March, Fincantieri holds 1,128,666 treasury shares, equal to 0.07% of the share capital.
In Milan, today, a negative result for the largest shipbuilding complex in the worldwith a decrease of 1.98%.