Iveco Group's Common Share Buyback Program
Iveco Group N.V. (EXM: IVG) has successfully completed transactions as part of its initial tranche of the common share buyback program, which began in mid-August.
Recent Buyback Transactions
The following transactions took place during the specified dates:
Date: 12 August 2024
Number of Common Shares purchased: 135,000
Average net price: 8.7319 euro
Total net consideration: 1,178,801.61 euro
Date: 13 August 2024
Number of Common Shares purchased: 140,000
Average net price: 8.6075 euro
Total net consideration: 1,205,050.68 euro
Date: 14 August 2024
Number of Common Shares purchased: 135,000
Average net price: 8.7570 euro
Total net consideration: 1,182,200.88 euro
Date: 16 August 2024
Number of Common Shares purchased: 135,000
Average net price: 9.0130 euro
Total net consideration: 1,216,754.92 euro
Total Summary:
Total shares acquired: 545,000
Average net price: 8.7758 euro
Total net consideration: 4,782,808.09 euro
Company Overview
Iveco Group N.V. (EXM: IVG) is a diverse family of brands committed to promoting sustainable solutions. This Group includes IVECO, a prominent name in commercial vehicles; FPT Industrial, recognized for its cutting-edge powertrain technologies; and various specialized brands catering to different sectors. With over 36,000 employees worldwide, the company operates numerous industrial sites and research and development centers.
Contact Information
Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com
Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program aims to enhance shareholder value by returning capital to shareholders.
How many shares has Iveco Group bought back?
In the recent transactions, Iveco Group has bought back a total of 545,000 common shares.
What was the average purchase price of the shares?
The average purchase price for the shares was 8.7758 euro.
Who can I contact for media inquiries?
For media inquiries, you can reach out to Francesco Polsinelli or Fabio Lepore using the provided phone numbers or email addresses.
Where can I find more information about Iveco Group?
You can find additional information about Iveco Group and its operations on their official website.