Buyback

Acquisition and disposal of treasury shares

The Shareholders' Meeting held on April 17th, 2019 authorized a new plan for the acquisition and disposal of treasury shares, that is effective for a period of 18 months.

The new plan is authorized to allow the purchase and disposal of a number of new shares for a period of 18 months, which could allow the company to hold a total amount of treasury shares not higher than 10% of share capital.

Objectives

The aim of the new buyback plan is to provide Amplifon with efficient means to access treasury shares to:

  • service stock-based incentive plans, both current and future, reserved for executives, employees and/or staff members of Amplifon or its subsidiaries
  • allow potential free allocation of shares to shareholders.
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