TXT e-solutions S.p.A. commences an Equity Buyback Plan for 2,601,250 shares, representing 20% of its issued share capital, under the authorization approved on April 22, 2021.
April 29, 2021
Share
TXT e-solutions S.p.A. (BIT:TXT) commences share repurchases on June 22, 2020, under the program mandated by the shareholders in the Annual General Meeting held on April 22, 2021. As per the mandate, the company is authorized to repurchase up to 20% of its issued share capital. The repurchase program is valid for 18 months. As of April 22, 2021, the company had 1,477,037 shares in treasury.
TXT e-solutions SpA is an Italy-based company engaged in the information and communication technologies (ICT) market. It provides software and services-based solutions to enterprises. The Company structures its business into two main segments: TXT Perform and TXT Next. In the TXT Perform segment, it designs and develops software and IT solutions for fashion and luxury, specialty retail, consumer packaged goods (CPG) and discrete manufacturing sector. Through the TXT Next segment, the Company offers system integration and IT services to such sector as aerospace and defense, high-tech manufacturing, and banking and finance. It operates through subsidiaries: TXT e-solutions Ltd, the United Kingdom; TXT e-solutions GmbH, Germany; TXT e-solutions SL, Spain; TXT e-solutions Sarl, France; Maple Lake Ltd, Canada and Maple Lake Australia Pty Ltd, Australia amd PACE Aerospace Engineering and Information Technology GmbH.
TXT e-solutions S.p.A. commences an Equity Buyback Plan for 2,601,250 shares, representing 20% of its issued share capital, under the authorization approved on April 22, 2021.
TXT E-SOLUTIONS S.P.A. 
