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Snam: report on the purchase of treasury shares

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Snam Company

San Donato Milanese (Milan), 21 December 2018 – Snam, following the announcement on 2 October concerning the resumption of the share buy-back authorized by the Shareholder meeting of 24 April, announces that, in the period from 18 to 20 December, has purchased n. 554,684 of its own shares at an average price per share equal to 3.9957 euro, for an aggregate amount of 2,216,326.34 euro.

On the basis of information provided by the intermediary appointed for the repurchase of the shares, the details of the purchases of treasury shares on the MTA (Mercato Telematico Azionario) on a daily basis are reported below:

Date
Number of ordinary shares purchased
Average price (euro)
Consideration (euro)
18/12/2018
259,775
3.9945
1,037,683.00
19/12/2018
0
-
-
20/12/2018
294,909
3.9966
1,178,643.34
 

Since the start of the purchase plan Snam acquired 77,275,038 own shares (equal to 2.23% of the share capital), for an aggregate amount of 284,036,647.64 euro.

Following the purchases, and taking into consideration the treasury shares already held, as of 20 December 2018 Snam holds 168,197,663 shares equal to 4.85% of the share capital.

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updated
21 December 2018 - 08:21 CET