UPDATE ON THE EXECUTION OF THE SHARE BUY-BACK PROGRAMME

categories: Shares Buy-Back 

END OF PROGRAMME

Milan, Italy   -   03/03/2025 - 12:35 PM

In the context of the ordinary share buy-back programme of Prysmian S.p.A. (the "Company" or “Prysmian”) announced to the market on 7 June 2024 and started on 10 June 2024 pursuant to the authorisation granted by the Shareholders’ Meeting with the resolution passed on 18 April 2024 (the “Programme”), Prysmian – based on information provided by the intermediary agent appointed to independently execute the Programme – has purchased from 24 to 28 February 2025, both included, no. 514,203 ordinary share (ISIN: IT0004176001) as shown in the table below in aggregate and on a daily basis.

 

Shares Buy Back

 

The details of the purchase transactions carried out in the period indicated above are available at www.prysmian.com (in the section: Media/Press releases). 

As of February 28th, 2025, the Company has purchased, in execution of the Programme, a total of no. 6,101,140 shares for a total consideration of Euro 374,999,993.84 and therefore, taking into account the shares already held directly and indirectly by the Company, it holds a total of no. 9,625,273 treasury shares, representing approximately 3.25% of Prysmian's share capital. 

Having reached the maximum value of Euro 375 million initially established for the purchase of shares, the Programme has ended.

 

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