UPDATE ON THE IMPLEMENTATION OF TREASURY SHARES BUYBACK PLAN AND ITS CONCLUSION
Empoli (FI), January 7, 2025
Sesa S.p.A. informs that, according to the treasury shares buyback plan, the company purchased in the period from December 30, 2024 to January 3, 2025, a total of 2,725 Sesa S.p.A. ordinary shares, equal to 0.01758678% of the company’s share capital, at an average price of Eu 62.37278 per share gross of fees, for a total value of Eu 169,966.
The stock buyback plan is executed in compliance with the applicable laws and regulations and the terms and conditions included in the authorisation to purchase and dispose of own ordinary shares (the “Program”), granted by the Shareholders’ Meeting held on August 28, 2024.
The following table provides details of the purchases made during the period mentioned above:
| Execution Date | Number of purchased Shares | % of Share Capital | Gross Average Unit Price* (Euro) | Value (Euro) |
|---|---|---|---|---|
| 30/12/2024 | 2.725 | 0,01758678% | 62,373 | 169.966 |
* The gross average price is calculated as the daily average gross price operations weighted by the quantities purchased in the day.
As a result of the above transactions, the Program started on September 16, 2024, under which 126,237 Sesa S.p.A. ordinary shares (equal to 0.814717% of the share capital), have been bought at a volumeweighted average price of Eu 81.67645 per share, for a total value of Eu 10 million (equal to the maximum amount authorized), has been completed. Sesa S.p.A., as of January 3, 2025, holds n. 151,478 ordinary shares, equal to 0.97761864% of the current share capital.
