Azimut Holding share buyback programme: start of a third tranche for up to EUR 50 million
(WorldNews Italy)

PRESS RELEASE Azimut Holding share buyback programme: start of a third tranchefor up to EUR 50 million Milan, 12 December 2017 The Board of Directors of Azimut Holding, pursuant to article 2357 of the Italian Civil Code passed by the OrdinaryShareholders` Meeting held on27 April 2017, and valid until 27 October 2018, approved the commencement of a third share buyback tranche, for an approximate value ofup to EUR 50million and a maximum share price equal toEUR30. This further tranche is on top of the two already completed in2017 for EUR 25 million each(1), thereby bringing the total amount of purchases potentially up to EUR 100 millionsince the start of the plan. As a reminder, on 7 February 2017,...