Cesena (Italy), March 18th, 2024 – Technogym S.p.A. (“Technogym” and/or the “Company”) announces the completion on March 14TH, 2024 of the share buy-back program communicated to the market on November 6th, 2023 and launched on the same date (“Buy-Back Program”), as per the authorisation granted by the Ordinary Shareholders' Meeting held on May 5th, 2023.
In addition, the Company announces the purchase – during the period from March 11th, 2024 to March 14th, 2024 – of a total number of 247,000 shares at a weighted daily average price of Euro 9.52, for a total countervalue of Euro 2.349.050,74 under the Buy-Back Program. The purchases were made through the independent authorized intermediary Equita SIM S.p.A..
Based on information provided by the independent authorized intermediary in charge of carrying out the buyback transactions as per this press release, a summary of the daily transactions is given below, in aggregate.
| DATE | TRANSACTION | VOLUME | WEIGHTD DAILY AVERAGE PRICE (EURO) | COUNTERVALUE | MARKET |
| 2024/03/11 | BUY | 65,000 | 9.34 | 607,411.63 | MTAA |
| 2024/03/12 | BUY | 67,000 | 9.44 | 632,641.16 | MTAA |
| 2024/03/13 | BUY | 89,000 | 9.64 | 858,227.95 | MTAA |
| 2024/03/14 | BUY | 26,000 | 9.65 | 250,770.00 | MTAA |
| TOTAL | 247,000 | 952 | 2,349,050.74 | MTAA |
Details about all the purchase transactions executed in the above-mentioned period are available in Excel format on the Company’s website which can be reached at https://corporate.technogym.com/en/investor-relations/price-sensitive-press-releases.
Under the Buy-Back Program, Technogym purchased a total of 2,266,705 treasury shares equal to 1.13% of the shares composing the share capital, for a global consideration equal to Euro 19,989,936.
