Recordati Industria Chimica e Farmaceutica SPA (IT:REC) has released an update.
Recordati S.p.A. has successfully completed its share buy-back program initiated in May 2024, purchasing over 1.49 million treasury shares, which is 0.714% of its share capital, for approximately 74.7 million Euros. This initiative supports the company’s stock option and performance share plans aimed at enhancing management incentives. Recordati, a globally recognized pharmaceutical group, continues its commitment to providing comprehensive healthcare solutions.
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