Luxottica: Monthly Update on Share Buyback Program

Jan 04, 2010, 11:30 ET from Luxottica Group S.p.A.

MILAN, Jan. 4 /PRNewswire-FirstCall/ -- In connection with the share buyback program approved at the Shareholders' Meeting on October 29, 2009 and launched on November 16, 2009, Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that during the month of December it purchased under that buyback program an aggregate amount of 682,154 treasury shares on the Milan Stock Exchange's Mercato Telematico Azionario (MTA) at an average unit price of Euro 17.35, for an aggregate amount of Euro 11,834,145.

In parallel, Luxottica Group's subsidiary, Arnette Optics Illusions Inc., sold during the same period on the MTA an aggregate amount of 937,307 treasury shares, at an average unit price of Euro 17.27, for an aggregate amount of Euro 16,184,417.

From the beginning of the program, Luxottica Group purchased an aggregate total amount of 1,352,154 treasury shares, at an average unit price of Euro 17.13, for an aggregate amount of Euro 23,166,429. In parallel, Luxottica Group's subsidiary Arnette Optics Illusions Inc. sold an aggregate total amount of 1,587,307 treasury shares, at an average unit price of Euro 17.18, for an aggregate amount of Euro 27,271,272.

SOURCE Luxottica Group S.p.A.



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