SIT S p A : UPDATE ON THE EXECUTION OF THE BUY-BACK PROGRAMME.
October 11, 2021 at 11:52 am EDT
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Update on the execution of the buy-back programme
Padua, October 11th, 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 October 4th, 2021, and October 8th, 2021, acquired n. 9.600 SIT's ordinary shares at an average unit price of EUR 10,8328 per share, for a total amount of EUR 103.994,51.
Details of the transactions on a daily basis:
Date
Number of
Average price per share (EUR)
Countervalue (EUR)
shares
purchased
04.10.2021
6.500
10,8731
70.675,15
05.10.2021
2.500
10,7500
26.875,00
06.10.2021
600
10,7406
6.444,36
Total
9.600
10,8328
103.994,51
Following to such operations, the Company owns, as at October 8th, 2021, n. 580.071 ordinary shares, amounting to 2,3196% 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
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SIT S.p.A. published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 October 2021 15:51:04 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.