OVS, update on the execution of the buy-back program

OVS update on the execution of the buy back program

(Finance) – OVS has announced that it has purchasedbetween 18 and 24 August 2022, overall 1,023,518 ordinary shares (equal to 0.352% of the share capital) at the average unit price of 1.5982 euros, for a countervalue equal to 1,635,815.79 euros.

These transactions were carried out as part of the authorization for the purchase of treasury shares approved by the Shareholders’ Meeting of May 31, 2022, in continuation of the implementation of the buy-back program already launched on February 2, 2022.

Following the operations carried out to date, the clothing leader in Italy holds a total of 9,096,531 treasury shares in its portfolio, equal to 3.1268% of the share capital.

Meanwhile, on the Milanese list, the performance of OVS with a drop of 4.57%, reaching € 1.482.

tlb-finance