FinecoBank Banca Fineco S.p.A. (BIT:FBK) commences share repurchases on February 10, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2021. As per the mandate, the company is authorized to repurchase up to 203,773 ordinary shares, representing 0.03% of the share capital. The price for the purchases cannot be less than the nominal value per share of €0.33 and not higher than a maximum of the official closing price of the company's ordinary shares registered in the Milan Stock Exchange (MTA) in the day preceding the purchase, increased by 5%. The purpose of the program is to have the necessary shares to implement the 2021 Incentive System for Personal Financial Advisors Identified Staff. The program will be valid for 18 months. As of March 24, 2021, the company had 119,934 treasury shares.

On February 9, 2022, the company announced a share repurchase program. Under the program, the company will repurchase up to 203,773 shares, representing 0.03% of the share capital for €0.85 million. The program will start start on February 10, 2022 and will last until March 10, 2022.