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Poste Italiane: information on the purchase of own shares on 10 june 2024 and conclusion of the first tranche of the buy-back programmeIn compliance with the authorization approved by Poste Italiane’s Shareholders’ Meeting held on 31 May 2024, regarding the purchase of own shares which has been announced to the market on 31 May 2024 (pursuant to Art.144-bis of Consob Regulation 11971/99) Poste Italiane S.p.A. (“Poste Italiane”) announces that on 10 June 2024, it bought 235,297 own shares at an average price of €12.722558 for a total amount of €2,993,579.73.

Rome, 10 Jun 2024 21:00

In compliance with the authorization approved by Poste Italiane’s Shareholders’ Meeting held on 31 May 2024, regarding the purchase of own shares which has been announced to the market on 31 May 2024 (pursuant to Art.144-bis of Consob Regulation 11971/99) Poste Italiane S.p.A. (“Poste Italiane”) announces that on 10 June 2024, it bought 235,297 own shares at an average price of €12.722558 for a total amount of €2,993,579.73.
Below a breakdown of the transactions relating to the purchase of Poste Italiane’s ordinary shares (ISIN code IT0003796171), set out on a daily basis and in detailed form, for the above-mentioned time frame:
Date Number of shares bought Average price (€) Total amount (€)
10/06/2024 235,297 12.722558 2,993,579.73



As a result of the transactions described above to date, taking also into account the shares in the portfolio deriving from previous own shares buy-back transactions, Poste Italiane holds n. 10,781,802 own shares, equal to 0.825% of the share capital.
Poste Italiane, pursuant to article 114-bis, paragraph 5 of the Issuers’ Regulation (Consob regulation no. 11971/1999 and successive modifications), also informs that it has completed a first tranche of the buy-back programme of Poste Italiane’s ordinary shares which was launched pursuant to the Shareholders’ Meeting resolution of 31 May 2024 and communicated to the market on the same date.
 
Poste Italiane maintains the right to continue the purchase of shares with further tranches, which will be communicated to the market in accordance with applicable law.
 
Over the period covering the first tranche of this programme, from 3 June 2024 to 10 June 2024 (both inclusive), a total of no. 1,166,667 own shares (representing 0.089% of Poste Italiane’s share capital) were bought, at an average price of € 12.804423, for a total value of €14,938,498.18.        
 
Upon conclusion of the first tranche of this programme, Poste Italiane holds no. 10,781,802 own shares (representing 0.825% of Poste Italiane’s share capital).
 
All purchases carried out within the scope of this programme were made on the MTA Automated Trading Market, in accordance with  established market practices, pursuant to art. 144-bis, paragraph 1, letter b), of Issuers’ Regulation (Consob regulation no. 11971/1999 and successive modifications) and other applicable regulations, so as to ensure parity in the treatment of all shareholders as provided by art. 132 of the Consolidated Financial Bill (Legislative Decree no. 58/98), and according to the methods and operational procedures as governed by Borsa Italiana S.p.A.’s regulations.


To see the transactions detail read the press release in full version download pdf  

For more information:
 
Poste Italiane S.p.A Investor Relations                             Poste Italiane S.p.A. Media Relations
Tel. +39 06 5958 4716                                                      Tel. +39 06 5958 2097
Mail: investor.relations@posteitaliane.it                            Mail: ufficiostampa@posteitaliane.it
www.posteitaliane.it