Announcement • Jun 03
SG Company S.p.A. (BIT:SGC) commences an Equity Buyback Plan for €2.5 million worth of its shares, under the authorization approved on April 28, 2026. SG Company S.p.A. (BIT:SGC) commences share repurchases on May 27, 2026, under the program mandated by the shareholders in the Ordinary General Meeting held on April 28, 2026. As per the mandate, the company is authorized to repurchase €2.5 million worth of its shares, such that the company’s holding in treasury together with the shares repurchased does not exceed 20% of its issued share capital at any point of time. The shares will be repurchased at a unit price that is neither more than 15% lower nor higher than the official stock market price of the shares recorded by Borsa Italiana SpA in the session preceding each individual transaction. The shares are being repurchased for the allocation to beneficiaries of any incentive plans, stock option plans, and/or stock grants approved by the competent corporate bodies, in the context of transactions related to core business operations or projects consistent with the expansion and growth lines that the company intends to pursue, in order to complete corporate integration transactions with potential strategic partners, and to carry out activities to support the liquidity of the shares. The authorization is valid for a period of 18 months till October 28, 2027. As of April 28, 2026, the company had 334,473 shares in treasury.
On May 19, 2026, the company announced that the repurchases will commence from May 25, 2026.