Turin, 22nd December
2023
Iveco Group: periodic report on the buyback program
Iveco Group N.V. (EXM: IVG) announces that the Company completed on a daily basis, starting from 18th December 2023 to 20th December 2023 the following transactions:
Date | Number of repurchased Common Shares | Average net price (euro) | Total net consideration (euro) |
---|---|---|---|
18 December 2023 | 55,700 | 7.8789 | 438,853.65 |
19 December 2023 | 55,000 | 7.9187 | 435,530.74 |
20 December 2023 | 54,356 | 7.9997 | 434,833.10 |
Total | 165,056 | 7.9320 | 1,309,217.49 |
With the purchases described above the Company completed the initial tranche up to €55,000,000 of the share buyback program announced on 14th April 2023, based on the authorization to repurchase up to 10,000,000 Common Shares with a maximum total allocation of €130,000,000, granted by the Annual General Meeting held on the same date.
A comprehensive overview of the details of the above transactions as well as the overall purchases related to the initial tranche of such share buyback program, are available on the Company’s corporate website at the following address: https://www.ivecogroup.com/investors/stock_information/share_buyback.