Luxottica: Monthly Update on Share Buyback Program

MILAN, June 1 /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 May it purchased under that buyback program an aggregate amount of 490,000 shares on the Milan Stock Exchange's Mercato Telematico Azionario (MTA) at an average unit price of Euro 20.26 per share, for an aggregate amount of  Euro 9,929,089.

In parallel, Luxottica Group's subsidiary, Arnette Optics Illusions Inc., sold during the same period on the MTA an aggregate amount of 250,000 treasury shares, at an average unit price of Euro 20.23 per share, for an aggregate amount of Euro 5,056,828.

Since the launch of the program, Luxottica Group purchased an aggregate total amount of 2,388,866 of its shares, at an average unit price of Euro 18.16 per share, for an aggregate amount of Euro 43,376,327. In parallel, Luxottica Group's subsidiary Arnette Optics Illusions Inc. sold an aggregate total amount of 2,592,307 treasury shares, at an average unit price of Euro 17.99 per share, for an aggregate amount of Euro 46,635,001.

SOURCE Luxottica Group S.p.A.