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  • MARR: purchased in the period 1 June - 30 June 122,280 treasury shares
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MARR: purchased in the period 1 June - 30 June 122,280 treasury shares.

 

As of today, MARR holds 129,380 treasury shares equal to approximately 0.2% of the Share Capital.

 
Rimini, 30 June 2022
 

MARR S.p.A. (Milano: MARR.MI), the leading company in Italy in the sale and distribution to the foodservice of food and non-food products, at the close of today's trading on the Euronext Milan market published - pursuant to art. 144-bis 2 of Consob Regulation 11971/1999 ("Issuers Regulation") – the Annex 3F (available in the Press Release section of the website www.marr.it) showing the amount of MARR shares (ISIN code IT0003428445) purchased in the period June 1 – 30 June equal to 122,280 shares at an average price of 13.52 Euros.  

The buy back program was approved by the Board of Directors on May 13, after the ordinary Shareholders' Meeting of April 28, 2022 authorized the purchase, sale and disposal of treasury shares, pursuant to and by effect of article 2357 and following of the Civil Code and article 132 of Legislative Decree no. 58 of 24 February 1998, establishing the relative operational limits pursuant to the applicable EU Regulations.  

The buy back program is aimed at promoting liquidity and volatility management as well as setting up a so-called "securities warehouse" for the envisaged subsequent uses.  

The buy back program was activated on May 27 and as of today the Company holds 129,380 treasury shares equal to approximately 0.2% of the Share Capital of MARR at an average price of 13.53 Euro.

 
 
Publication date
Thursday, 30 June, 2022 - 7:30 pm