Bologna, May 15, 2023 - Datalogic S.p.A. (Borsa Italiana S.p.A: DAL), a company listed on Euronext Star Milan of the Italian Stock Exchange, announces that, in execution of the Shareholders’ Meeting resolution of April 27, 2023 authorising the purchase and disposal of treasury shares, on the date hereof granted a mandate to a leading broker for the repurchase of treasury shares on the market (known as “buy-back”).
The broker will coordinate and purchase the shares in complete independence, in compliance with the pre-established contractual parameters and criteria, as well as with the constraints set out by the applicable regulations and the Shareholders’ Meeting resolution of April 27, 2023, to which reference is made for further details. The purchases will be made on the Euronext Milan of Borsa Italiana S.p.A., in compliance with article 144-bis, paragraph 1, let. b) of Consob Regulation 11971/1999, 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.
The buy-back, the purpose of which is to keep the shares for subsequent use in accordance with the resolution of April 27, 2023, provides for the repurchase of a maximum of 600.000 shares, and a duration from May 16 to July 4, 2023. The maximum value of the shares that may be purchased as part of the treasury share purchase programme may not exceed the amount of distributable profits and available reserves resulting from the latest duly approved financial statements.
As of today, the Company has no. 1.667.053 treasury shares, equal to 2,85% of share capital. The controlled companies by the Company do not own shares of the same.