Exor N.V. Updates on Its Ongoing Buyback Initiative

Exor N.V.: An Overview of the Share Buyback Program

Exor N.V. (AMS: EXO) recently released a periodic update regarding its ongoing buyback scheme. This effort demonstrates the company's commitment to enhancing shareholder value. Announced during the second tranche, which aims for a total of €125 million, these buybacks reflect Exor's proactive approach to manage its own shares in the market.

Recent Transactions in the Buyback Program

Throughout a specified period, Exor has executed a series of transactions across multiple exchanges, including Euronext Amsterdam, CBOE DXE, Turquoise Europe, and Aquis Exchange Europe. Here’s a summary of the purchases made under this program:

Euronext Amsterdam Purchases

On Euronext Amsterdam, several transactions highlighted the effectiveness of the buyback strategy:

• September 2, 2024: 18,067 shares purchased at an average price of €100.32.
• September 3, 2024: 24,546 shares at €99.88.
• September 4, 2024: 28,513 shares at €99.00.
• September 5, 2024: 27,710 shares at €98.61.
• September 6, 2024: 26,333 shares at €98.13.

In total, this tranche accounted for 125,169 shares purchased, contributing to a total investment of approximately €12,403,405.34.

CBOE DXE Purchases

Significant activity also took place on CBOE DXE:

• September 2, 2024: 7,734 shares at €100.40.
• September 3, 2024: 8,242 shares at €100.31.
• September 4, 2024: 8,308 shares at €99.01.
• September 5, 2024: 8,078 shares at €98.62.
• September 6, 2024: 11,062 shares at €98.15.

The total shares bought during this period were 43,424, representing an investment of roughly €4,308,293.50.

Progress on Other Exchanges

Further details were captured across Turquoise Europe and Aquis Exchange Europe. Key highlights include:

• Turquoise Europe: Total of 4,079 shares at an expenditure of about €404,334.36.
• Aquis Exchange Europe: Total of 7,375 shares purchased for around €732,174.99.

Collectively, these transactions idicate Exor's robust participation in the buyback program.

Total Shares and Future Outlook

As of the latest report, after the recent purchases, the total shares acquired during the second tranche stand at approximately 549,604, with an associated investment close to €53 million. The total treasury holdings for Exor comprise 6,674,075 ordinary shares, which accounts for 3.02% of the total issued share capital.

Conclusion and Affirmation of Shareholder Value

Exor remains committed to its strategy that reinforces its dedication to shareholder interests through this buyback plan. The comprehensive summary of transactions emphasizes the company’s intent to maintain a solid investment approach that is reflective of market conditions.

Frequently Asked Questions

What is Exor N.V. doing with its buyback program?

Exor N.V. is actively purchasing its own shares to enhance shareholder value, with a planned expenditure of up to €125 million.

How many shares has Exor repurchased so far?

As reported, Exor has repurchased approximately 549,604 ordinary shares during the second tranche of its buyback program.

What is the current treasury holding of Exor?

Exor currently holds a total of 6,674,075 ordinary shares in treasury, which is about 3.02% of the total ordinary issued share capital.

How much money has Exor invested in the buyback program?

Exor has invested about €53 million under the second tranche of its share buyback program.

Where can I find more information about Exor’s buyback activities?

Additional details of the transactions and the buyback program can be found on Exor's corporate website in the dedicated section for share buybacks.

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