SIT S p A : UPDATE ON THE EXECUTION OF THE BUY-BACK PROGRAMME.
September 27, 2021 at 12:12 pm EDT
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Update on the execution of the buy-back programme
Padua, September 27th, 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 September 20th, 2021, and September 24th, 2021, acquired n. 21.200 SIT's ordinary shares at an average unit price of EUR 10,4267 per share, for a total amount of EUR 221.045,72.
Details of the transactions on a daily basis:
Date
Number of shares
Average price per
Countervalue (EUR)
purchased
share (EUR)
22.09.2021
11.000
10,4228
114.650,80
23.09.2021
4.000
10,4313
41.725,20
24.09.2021
6.200
10,4306
64.669,72
Total
21.200
10,4267
221.045,72
Following to such operations, the Company owns, as at September 24th, 2021, n. 552.812 ordinary shares, amounting to 2,2106% 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. SITInvestorRelations@sitgroup.it
E. tommaso@twin.services
M. +39 3470735670
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SIT S.p.A. published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 16:11:06 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.