Iren S.p.A. Shareholders’ meeting approved, with a large majority, the 2019 financial statements, the proposed dividend of 9.25 euro cents per share and the other points in the agenda
Iren, following the announcement in 26 March 2020 concerning the launch of the second tranche of share buy-back program authorized by the Shareholders’ meeting of 5 April 2019, announces that has purchased, in the week from April 27 to April 28, 2020, no. 166,073 of its own shares at an average price per share equal to Euro 2.2137, for an aggregate amount of Euro 367,635.77.
After the Shareholders' Meeting, held on April 29, 2020, which authorized the renewal of the treasury share purchase program, subject to revocation of the previous authorization approved on April 5, 2019 for the part that remained unexecuted, the operations of Goldman Sachs International, the intermediary in charge of making the purchases, is temporarily suspended until a new authorization resolution of the Board of Directors, currently scheduled for May 12, 2020.
On the basis of information provided by Goldman Sachs, the intermediary appointed for the repurchase of the shares, the details of the purchases of treasury shares on a daily basis and in aggregate form, are reported below.
Following the operations mentioned above, the Company holds 6,833,964 treasury shares, equal to 0.5253% of the share capital.