Bologna, 4th April 2018 - Datalogic announces that, in execution of the Shareholders’ Meeting resolution of 4 May 2017 authorising the purchase and disposal of treasury shares, an agreement was signed yesterday with a leading broker for the repurchase of treasury shares on the market (known as “buy-back”).
The broker will make the purchases in complete independence, in compliance with the pre established contractual parameters and criteria, as well as restrictions of applicable regulations and the Shareholders’ Meeting resolution of 4 May 2017. The purchases will be made in such a manner as to comply with the equal treatment of shareholders pursuant to Art. 132 of the Consolidated Finance Act, as well as according to the operating procedures established in the organisation and management regulations of Borsa Italiana S.p.A.
In particular, the buy-back agreement provides for the repurchase of a maximum of 500,000 shares, and a duration of 7 months beginning 3 April 2018.
As of today's date, the Company has no. 217,014 treasury shares, equal to 0.37% of share capital.