Recordati, update on the buy-back program

Recordati update on the buy back program

(Finance) – Recordatias part of the buy-back program launched on 20 June 2022, by virtue of the resolution of the Shareholders’ Meeting of 29 April 2022, aimed at the purchase of Recordati shares to be used to service the stock option plans aimed at Group management already adopted by the Company and the stock option plans or share-based incentive plans, which should be approved in the future, has announced that it has purchasedbetween 1 and 5 August 2022, overall 31,255 treasury sharesat the weighted average price of € 42.9653.

As of 5 August, Recordati holds 3,512,569 treasury shares equal to 1.680% of the share capital.

Meanwhile, on the Milanese price list, the pharmaceutical group takes off and stands at 42.84 euros, with an increase of 2.81%.

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