(Finance) – The shareholders’ meeting of Saint Lawrencea luxury yachting operator listed on Euronext STAR Milan, has approved theauthorization to carry out operations purchase and disposal of own shares.
The authorization was approved for the purchase, even in multiple tranches, of ordinary shares, up to one maximum number of 3,491,956 sharescorresponding to approximately 10% of the share capital, for a period of 18 months starting from the relevant authorization resolution of the meeting, and therefore until 12 June 2025.
As of today, Sanlorenzo holds 214,928 treasury shares (equal to 0.615% of the capital subscribed and paid up) purchased in implementation of the authorization resolution of the meeting of 28 April 2022, a purchase program which concluded on 28 October 2023.