Tamburi buys treasury shares, concludes the plan and launches a new programme

Tamburi buys treasury shares concludes the plan and launches a

(Tiper Stock Exchange) – Drums Investment Partners as part of the authorization to purchase treasury shares, he communicated that he has purchasedfrom 24 to 28 April 2023, overall 46,570 ordinary shares (equal to 0.025% of the share capital) at the weighted average price of 8.3888 euros, for a counter value Of 390,664.42 euros.

Therefore, as at 28 April, the independent and diversified investment and merchant bank had 17,138,331 treasury shares in its portfolio, equal to 9.295% of the share capital.

TIP also announced that on April 27, 2023, the purchase plan of treasury shares approved by the Shareholders’ Meeting on 28 April 2022 it ended with the total purchase of 2,142,224 shares.

At the same time, it announced that, as part of the authorization for the treasury share buyback plan approved by the Shareholders’ Meeting on 27 April 2023, it intends execute a program purchase of treasury shares up to a maximum of further 5,000,000 shares to be made by 27 October 2024. Purchases made on 28 April are included in the new programme.

In Piazza Affari, today, a slight decrease for Drumswhich closed down by 0.23%.

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