The activity aimed to support liquidity of IGD shares
The yearly program to support the liquidity of IGD’s stock was launched on 4 September 2017. The purpose of the program is to support regular trading of the stock and avoid price fluctuations not in line with market trends.
For more information refer to the relative press release.
In light of the resolution approved during the Ordinary Shareholders’ Meeting held on 11 June 2020 which revoked the prior authorization granted on 10 April 2019 for the purchase of treasury shares, Immobiliare Grande Distribuzione SIIQ S.p.A.’s liquidity enhancement program was terminated and, therefore, the contract with the broker Kepler Cheuvreux SA, which expired on 4 September 2020, was not renewed.