Exor N.V. said Monday it spent €33.1 million buying back 476,604 ordinary shares from Oct. 12-16, bringing the first tranche of its program to about €109 million against a €125 million cap.
The five trading sessions generated €33,065,504.78 in purchases before fees. Four venues handled the purchases: Euronext Amsterdam, Turquoise Europe, CBOE DXE and Aquis Exchange Europe.
The purchases raised the number of shares acquired under the tranche to 1,564,066. Exor announced the €125 million tranche on Sept. 23.
Exor’s treasury holdings stood at 6,602,442 ordinary shares on Oct. 19, representing 3.18% of its issued ordinary shares. Including special voting shares, the holding represented 0.97% of total issued share capital.
Euronext Amsterdam accounted for 265,683 shares bought during the period, while CBOE DXE accounted for 155,228. Exor bought another 25,439 shares on Turquoise Europe and 30,254 on Aquis Exchange Europe.
