Exor Press Release - Periodic Report on the Buyback Program
July 01, 2024 at 11:40 am IST
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Amsterdam, 1 July 2024
EXOR N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
Exor N.V. (AMS: EXO) (“Exor” or the “Company”) announces that, under the first tranche of the share buyback program of up to €125 million announced on 15 April 2024 (the “first tranche”), the Company has completed the following transactions on Euronext Amsterdam, CBOE DXE and Turquoise Europe:
EURONEXT AMSTERDAM
Trading Date
Number of ordinary shares purchased
Average price per share excluding fees (€)
Total consideration excluding fees (€)
24 June 2024
22,135
98.88
2,188,790.70
25 June 2024
22,845
99.41
2,271,108.26
26 June 2024
22,840
99.53
2,273,310.88
27 June 2024
23,362
98.80
2,308,088.51
28 June 2024
10,225
98.31
1,005,260.65
TOTAL
101,407
10,046,559.00
CBOE DXE
Trading Date
Number of ordinary shares purchased
Average price per share excluding fees (€)
Total consideration excluding fees (€)
24 June 2024
12,176
98.89
1,204,061.51
25 June 2024
10,384
99.40
1,032,128.06
26 June 2024
10,683
99.53
1,063,285.40
27 June 2024
10,319
98.80
1,019,530.61
28 June 2024
4,193
98.34
412,327.46
TOTAL
47,755
4,731,333.04
TURQUOISE EUROPE
Trading Date
Number of ordinary shares purchased
Average price per share excluding fees (€)
Total consideration excluding fees (€)
24 June 2024
984
98.05
96,485.33
25 June 2024
1,048
99.57
104,348.10
26 June 2024
1,043
99.57
103,856.10
27 June 2024
1,112
99.65
110,810.80
28 June 2024
759
98.62
74,849.70
TOTAL
4,946
490,350.03
After these purchases, the total invested amount under the first tranche is approximately €125 million for a total amount of 1,242,623 ordinary shares purchased.
With the purchases described above the Company has completed the first tranche of the share buyback program announced on 15 April 2024 which was a restart of the buyback program announced on 13 September 2023.
As of 1 July 2024, the Company held in total 6,140,167 ordinary shares in treasury (2.78% of total ordinary issued share capital)1. A comprehensive overview of the transactions carried out under the share buyback program, as well as the details of the above transactions, are available on Exor’s corporate website under the Share Buyback section.
1 This corresponds to 0.85% of the total issued share capital including both ordinary shares and special voting shares.
Exor N.V. is a diversified holding company controlled by the Agnelli family. For over a century, Exor N.V. has built great companies and made successful investments worldwide with a culture that combines entrepreneurial spirit and financial discipline.
With a Net Asset Value of around EUR 36 billion, its portfolio is principally made up of companies in which Exor N.V. is the largest shareholder: Ferrari N.V. (construction and sale of luxury sports vehicles), Stellantis N.V. (construction of automobiles, utility vehicles, and construction and agricultural vehicles and equipment), CNH Industrial (design and manufacture of commercial vehicles and agricultural and construction equipment), Juventus Football Club (operation of a soccer club), Iveco Group N.V. (design, manufacture and marketing of commercial and specialized vehicles and transmission systems), The Economist (newspaper and magazine publishing), GEDI Gruppo Editoriale (newspaper and magazine publishing), and SHANG XIA (design of luxury furniture, homeware, apparel, leather goods, jewelry and accessories).