The Annual General Meeting of shareholders on June 26th, 2015, approved the acquisition of own shares in accordance with Article 16 of Law 2190/1920. In particular, the Company shall be entitled within 24 months since the AGM June 20th, 2014 to buyback of up to one tenth (1 / 10) of the total issued share capital, at a minimum price of EUR 5 and a maximum purchase price of EUR 50 per share. For the calculation of one tenth (1 / 10) the treasury shares already held, will be taken into account. The Company intends to comply in relation to the conduct of the market for those shares, as referred to in Article 5 of Regulation 2273/2003 of the Capital market Commission on the price and volume of purchases, and referred to in Article 6 § 1 thereof.
As of October 9th, 2015, the number of shares held in Treasury from buybacks totaled 459.900.
(For more information on the buyback program, you may choose the IR Releases section, and then the category share buyback).