Poste Italiane: second tranche of share buyback, worth up to 70 million, begins tomorrow

(Il Sole 24 Ore Radiocor) - The second tranche of Poste Italiane’s share buyback programme begins tomorrow, 7 October, during which a maximum of 2,986,347 own shares may be purchased, representing approximately 0.185 per cent of Poste Italiane’s share capital as at today’s date, for a maximum total outlay of €70,052,348.81. As specified in a statement, the share buy-back is intended to fulfil the obligations relating to the payment of variable remuneration, to be paid in Poste Italiane shares, to directors and employees of the Group or its subsidiaries or associated companies. During the first tranche, shares representing 0.154 per cent of the share capital as at 31 August 2026 were purchased, for a total amount of €54,947,651.19.

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