Luxottica: Monthly Update on Share Buyback Program

PR Newswire

posted: 98 DAYS 18 HOURS AGO

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MILAN, Nov. 3 /PRNewswire-FirstCall/ -- With reference to the share buyback program launched on September 21, Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that an aggregate amount of 335,916 treasury shares were purchased on the Milan Stock Exchange's Mercato Telematico Azionario (MTA) during the month of October, at an average unit price of Euro 17.70, for an aggregate amount of Euro 5,946,455.

In parallel, Luxottica Group's subsidiary Arnette Optics Illusions Inc. sold during the month of October on the MTA an aggregate amount of 448,413 treasury shares, at an average unit price of Euro 17.77, for an aggregate amount of Euro 8,022,426.

From the beginning of the program, Luxottica Group purchased an aggregate total amount of 565,916 treasury shares, at an average unit price of Euro 17.77, for an aggregate amount of Euro 10,053,596. In parallel, Luxottica Group's subsidiary Arnette Optics Illusions Inc. sold an aggregate total amount of 677,517 treasury shares, at an average unit price of Euro 17.89, for an aggregate amount of Euro 12,120,881.

SOURCE Luxottica Group S.p.A.

2009-11-03 11:46:00