ANNUAL REPORT 2016
Own Shares
During the financial year the company had the following transactions in-
volving own shares:
a) In August, sale of 100 shares at the average price of 12.005 euros;
b) In November, allocation of 399,980 new shares resulting from the rights
in the capital increase by incorporation of reserve;
c) In November acquisition of 25 new shares corresponding to the rights
remaining from the capital increase at the average price of 11.126 euros;
At December 31st 2016, the company held 2,399,905 shares (9.9996% of
the capital) with a nominal value of 1 euro each, for an overall acquisition
value of 11,179,347 euros.
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