Generali, update on the buy-back | Finance.it

Generali update on the buy back Financeit

(Tiper Stock Exchange) – Insurance generals announced that he has purchasedfrom 6 to 10 February 2023, a total of 1,364,771 treasury shares at the weighted average price of 18.13 euros per share, for a counter value total of 24,743,050.19 euros.

The treasury share purchase follows the announcement made on 19 January regarding the launch of the treasury share purchase program (buyback) to service the Group’s Long Term Incentive Plan (LTIP) 2022-2024 as well as the incentive and group remuneration in progress, following the resolution of the Shareholders’ Meeting of 29 April 2022 and what was communicated on 29 April.

Following the purchases made, as of 10 February the insurance company and its subsidiaries hold 45,322,996 treasury shares, equal to 2.86% of the share capital.

In Milan, today, flat performance for General Insurancewhich offers a percentage variation of +0.11% on the finish.

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