Shaping the future
January 10th, 2020 // Milan
Be: end of current stage of treasury shares buyback programme
Be Think, Solve, Execute S.p.A. (the Company), listed on the STAR segment of the Italian stock Exchange, gives notice that the current stage of its Treasury shares Buyback programme - announced to the market on September 16, 2019 - has been ended on December 31, 2019.
In particular, the Company bought, during the period between December 1, 2019 and December 31, 2019, n. 277.000 ordinary shares of the Company for a total countervalue equal to Euro 355.134,60. The average weighted daily prices for the transactions carried out in the relevant timeframe are outlined in the form drafted pursuant to Annex 3F of Regulation adopted with Consob decision no. 11971/99, (as subsequently amended and supplemented), available on the Company's website www.be-tse.it.
Therefore, as of December 31, 2019 the Company holds n. 4.786.256 treasury shares (equal to 3,55% of its share capital).
In accordance with the relevant resolution of the April 18, 2019 Shareholders' Meeting, Treasury share buyback programmes will resume in the coming weeks within the overall 18-month period terminating on October 17th 2020, with due advance notice being given to Market Authorities and the market at large.
This press release is available on the Company's website www.be-tse.it and on the centralized storage mechanism "eMarket STORAGE" at www.emarketstorage.com.
About Be
Be Think Solve Execute S.p.A. ("Be") is listed on the STAR segment of the Borsa Italiana and is a leading Italian player in the consulting sector, providing business consulting and information technology services. A combination of specialist skills, advanced proprietary technologies and a wealth of experience enables "Be" to advise leading global financial and insurance institutions on how to create and deliver value and boost business growth. "Be" has over 1,200 employees across Europe with offices in Italy, United Kingdom, Germany, Austria, Switzerland, Spain, Romania, Poland and Ukraine. In 2018 "Be" recorded revenues in the amount of € 150.2 million.
STOCK DATA | GROUP DATA (as of 31.12.2018) | HEADQUARTER | MAIN OFFICES | ||
Reuters Code: | BET.MI | Total revenues(Eur ml): | 150,2 | Rome | Milan |
Bloomberg Code: | BET IM | EBITDA (Euro ml): | 23,6 | London | |
EBIT (Euro ml): | 11,3 | Munich | |||
SHAREHOLDERS DATA | EBT (Euro ml): | 10,1 | Frankfurt | ||
No of Ord. Shares (ml): | 134,9 | Net profit (Euro ml): | 5,5 | Madrid | |
Total no of Shares (ml): | 134,9 | NFP (Euro ml): | 0,9 | Vienna | |
Mkt Cap. (Eur ml): | 166,7 | Warsaw | |||
Mkt Float. (%): | 42,2 | Bucharest | |||
Mkt Float. (Eur ml): | 70,3 | Kyiv | |||
Main Shareholder: | T.I.P. |
Be S.p.A
Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it
www.be-tse.it | follow us on | 1 |
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Be Think Solve Execute S.p.A. published this content on 10 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2020 13:17:06 UTC