SIT S p A : UPDATE ON THE EXECUTION OF THE BUY-BACK PROGRAMME.
January 24, 2022 at 01:14 pm EST
Share
Update on the execution of the buy-back programme
Padua, January 24th, 2022 - SIT S.p.a. ("SIT", or the "Company"), listed on the Euronext Milan market (ex MTA market), with reference to the buy-back programme approved by the shareholders on April 29th, 2021, and launched on the same date, informs that in the period between January 17th, 2022, and January 21st, 2022, acquired n. 6.088 SIT's ordinary shares at an average unit price of EUR 9,6679 per share, for a total amount of EUR 58.858,40.
Details of the transactions on a daily basis:
Date
Number of
Average price per share (EUR)
Countervalue (EUR)
shares
purchased
18.01.2022
1.900
9,6200
18.278,00
19.01.2022
1.188
9,5000
11.286,00
20.01.2022
2.000
9,8393
19.678,60
21.01.2022
1.000
9,6158
9.615,80
Totale
6.088
9,6679
58.858,40
Following to such operations, the Company owns, as at January 21st, 2022, n. 735.535 ordinary shares, amounting to 2,9292% of the share capital.
***
SIT S.p.A.
Ufficio Stampa SIT S.p.A.
Investor Relations
T. +39 049 829 3111
Chiara Bortolato
Paul Fogolin
E. chiara@twin.services
E. paul.fogolin@sitgroup.it
M. +39 347 853 3894
Mara Di Giorgio
Tommaso Pesa
E. mara@twin.services
E. tommaso@twin.services
M. +39 3470735670
Attachments
Original Link
Original Document
Permalink
Disclaimer
SIT S.p.A. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 18:13:05 UTC.
SIT SpA is an Italy-based company engaged in the industrial machinery and equipment industry. The Company focuses on the development, production and market of security, control systems of mostly domestic gas appliances, such as boilers, stoves, as well as gas counters. Its products portfolio encompasses gas mutters, mechanical controls, electronic controls, fans for heating, integrated systems, sensors, exhaust kits, fans for range hoods and accessories, such as leads, connectors, pipes and coupling flanges, among others. The Company is a parent of SIT Group and operates through SIT (Shanghai) Trading Co. Ltd, SIT Controls BV, SIT Controls USA, Inc and SIT de Monterrey SA de CV, among others.