SIT S p A : UPDATE ON THE EXECUTION OF THE BUY-BACK PROGRAMME.
July 19, 2021 at 12:13 pm
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Update on the execution of the buy-back programme
Padua, July 19th, 2021 - SIT S.p.a. ("SIT", or the "Company"), listed on the 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 July 12th, 2021, and July 16th, 2021, acquired n. 15.900 SIT's ordinary shares at an average unit price of EUR 8,2557 per share, for a total amount of EUR 131.265,91.
Details of the transactions on a daily basis:
Date
Number of shares
Average price per
Countervalue (EUR)
purchased
share (EUR)
12.07.2021
4.000
8,0487
32.194,80
13.07.2021
1.000
8,1766
8.176,60
14.07.2021
4.000
8,2833
33.133,20
15.07.2021
3.700
8,3463
30.881,31
16.07.2021
3.200
8,4000
26.880,00
Total
15.900
8,2557
131.265,91
Following to such operations, the Company owns, as at July 16th, 2021, n. 430.395 ordinary shares, amounting to 1,7211% 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
SITInvestorRelations@sitgroup.it
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SIT S.p.A. published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 11:12:06 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.