1,199,216 shares, at a weighted average price per share equal to 13.446979 euro, for a total consideration of 16,125,832.74 euro within the authorization to purchase
treasury shares approved at Eni's Ordinary General Meeting of shareholders on 14 May 2019, previously subject to disclosure pursuant to art.
On the basis of the information provided by the intermediary appointed to make the purchases, the following are details of transactions for the purchase of
treasury shares on the Electronic Stock Market on a daily basis:
Afarak Group Oyj (Afarak) (HEL:AFAGR) (LSE:AFRK), a specialist alloy producer, announced on Monday that on 28 June 2019, it has transferred a total of 1,885,000
treasury shares in connection with the completing of an agreement to acquire South African mining assets.
For disposal of
treasury shares, volume and price restrictions were removed and now companies do not require special resolution from its members for disposal of
treasury shares.
The concept of
treasury shares is an accounting concept and the debate over how to treat them goes back for decades.
The earlier framework for buy-back did not provide for retaining the purchased shares as
treasury shares, rather the purchased shares had to be cancelled.
(Within that, the number of
treasury shares at OTP Group members outside the mother
AEV has about 50 million in
treasury shares that its board had authorized to sell.
This comes after the board's approval of the plan to acquire
treasury shares for EGP 1bn at a minimum price of EGP 11.5 per share.
The shares were previously held as
treasury shares.
22 February 2011 - German online services provider United Internet AG (ETR:UTDI) announced today that it has decided to cancel a total of 15m
treasury shares purchased in the course of share buyback programmes.
Following this transaction the company now holds 4,000,000 ordinary shares in treasury and has 195,600,000 ordinary shares in issue, excluding
treasury shares.
ENPNewswire-August 29, 2019--Eni - Report on the purchase of
treasury shares during the period from August 19 to August 23, 2019
M2 PRESSWIRE-August 7, 2019-: Eni: Report on the purchase of
treasury shares during the period from July 29 to August 02, 2019
