Autogrill launches buy-back programme

Thursday, September 29, 2011 - 20:57

Milan , 29 September 2011 - Pursuant to art. 144-bis, clause 3, Consob Regulation 11971/1999 (“Issuers’ Regulation”), Autogrill S.p.A. (Milan: AGL IM) has announced the launch of a share buy-back programme for up to 12,720,000 shares, representing 5% of its share capital.

As authorized by the shareholders’ meeting held on 21 April 2011, the programme enables the Company to a) intervene in the event of fluctuations in Autogrill’s equity beyond the normal changes tied to the performance of the market and b) use treasury shares for possible stock option/stock grant based incentive plans for directors and/or employees of the Company and/or its subsidiaries.