Treasury shares

Has Launched a buyback programme of treasury shares, which has already been authorized by its shareholders at the ordinary Annual General Meeting held on 27 October 2018 for the purpose of equipping the Bank with an instrument to provide flexibility in strategic and operational terms.

Since 8 November 2018, Mediobanca has launch a buyback programme of treasury shares, which has already been authorized by its shareholders at the ordinary Annual General Meeting held on 27 October 2018, and by the European Central Bank pursuant to Articles 77-78 of Regulation (EU) no. 575/2013 (the “CRR”). The programme will be completed within 18 months of the authorization received from the shareholders in general meeting.

The buyback may involve a maximum of 3% of the share capital which at present translates to a maximum of 26,611,288 par value €0.50 ordinary shares, of which 8,714,833 (approximately 0.98% of the company’s share capital) already owned, for the purpose of equipping the Bank with an instrument to provide flexibility in strategic and operational terms.

Last update: 08/05/2019