BasicNet S.p.A.

Equities

BAN

IT0001033700

Apparel & Accessories Retailers

Market Closed - Borsa Italiana Other stock markets 09:14:59 23/05/2024 pm IST			5-day change	1st Jan Change
3.71 ^EUR	-1.59%		+0.82%	-18.46%

20/05	BasicNet continues with share buybacks	AN
13/05	BasicNet updates on the status of its buyback program	AN

BasicNet updates on the status of its buyback program

May 13, 2024 at 01:52 pm IST

(Alliance News) - BasicNet Spa on Monday reported that between May 6 and May 10, it bought back 20,350 of its own ordinary shares at an average price of EUR3.827 each and a total value of EUR77,877.20.

Thus, the company holds 4.6 million of its own ordinary shares, or 8.5 percent of the share capital.

BasicNet is in the red by 0.3 percent at EUR3.73 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about BasicNet S.p.A.

BasicNet continues with share buybacks	20/05	AN
BasicNet updates on the status of its buyback program	13/05	AN
BasicNet updates on the status of its buyback program	06/05	AN
BasicNet updates on the status of its buyback program	30/04	AN
BasicNet, revenues fall in first quarter; Ebitda down double digits	30/04	AN
Stock exchanges up at start; shower of macro in Europe	30/04	AN
Stock markets expected in green ahead of GDP and inflation	30/04	AN
Stock markets mixed, eyes on Middle East and Fed	29/04	AN
BasicNet closes buyback program and starts new one	16/04	AN
Tranche Update on BasicNet S.p.A.'s Equity Buyback Plan announced on May 2, 2023.	16/04	CI
BasicNet S.p.A.'s Equity Buyback announced on May 2, 2023, has expired with 501,900 shares, representing 1.01% for ?2.39 million.	16/04	CI
BasicNet buys 29,000 of its own ordinary shares for more than EUR116,000	15/04	AN
BasicNet updates on the status of its buyback program	08/04	AN
BasicNet continues with repurchases of its own ordinary shares	02/04	AN
BasicNet continues with buybacks of its own ordinary shares	02/04	AN
BasicNet updates on buybacks of its own ordinary shares	25/03	AN
BasicNet has purchased 19,000 shares of its own common stock	18/03	AN
Futures bearish; eyes on US inflation	11/03	AN
Stock exchanges contrasted; TIM leads on Mib.	08/03	AN
Good BasicNet post accounts; goes down Netweek	08/03	AN
BasicNet closes 2023 with profit down double digits; there is dividend	08/03	AN
Mib up slightly; Saipem at new annual peak	08/03	AN
Futures little moved after Lagarde and Powell	08/03	AN
BasicNet S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	08/03	CI
Indices in green; Amplifon good after accounts	07/03	AN

Chart BasicNet S.p.A.

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Company Profile

Basic Net SpA is an Italy-based company engaged in the retail industry. Basic Net SpA is a parent of the BasicNet Group and together with its subsidiaries focuses on distribution and development of branded leisurewear, sportswear, footwear and accessories under various trademarks, including Kappa, Robe di Kappa, Jesus Jeans, K-Way, Superga, Briko, Sebago and Sabelt. The Group reports three segments: License and brand management, which involves the management of overseas licensees and sourcing centers by such Group companies as BasicNet S.p.A., Basic Properties B.V., among others; Proprietary licensee, which involves the direct management of the sales channels, both in terms of sales to retail and consumers, through BasicItalia S.p.A. (proprietary licensee) and its subsidiary BasicRetail S.r.l; and Property management, which involves the management of the building at Turin, Largo Maurizio Vitale 1.

Sector

Apparel & Accessories Retailers

Calendar

31/07/2024 - Q2 2024 Earnings Release

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