Safilo Group S.p.A.

SFL

IT0004604762

Apparel & Accessories

Real-time Borsa Italiana Other stock markets 05:39:35 2024-05-06 am EDT			5-day change	1st Jan Change
1.186 ^EUR	+0.68%		+0.85%	+29.76%

09:30am	Stock markets up ahead of PMI data in Eurozone	AN
May. 03	Stock markets bullish; focus on U.S. data	AN

Safilo shareholders appoint new board of directors and authorize buyback plan

April 24, 2024 at 09:40 am EDT

(Alliance News) - Safilo Spa announced Wednesday that shareholders have appointed members to its new board of directors.

From the majority list, presented by Multibrands Italy BV, Eugenio Razelli, Angelo Trocchia, Melchert F. Groot, Cinzia Morelli-Verhoog, Ines Mazzilli, Gerben van de Rozenberg, Robert Polet, Katia Buja and Irene Boni were elected. From the minority one, presented by BDL Capital Management, Matthieu Brisset was elected.

The board, which met after the meeting, confirmed Angelo Trocchia in the role of chief executive officer.

In addition, shareholders authorized Safilo's board to take over a maximum of 16.0 million ordinary treasury shares, representing 3.9 percent of its share capital, to be used for the company's 2023-2025 dis tock option plan.

Safilo's stock is up 1.1 percent at EUR1.14 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Safilo Group S.p.A.

Stock markets up ahead of PMI data in Eurozone	03:30am	AN
Stock markets bullish; focus on U.S. data	May. 03	AN
Lists contrasted; Stellantis closes Mib.	May. 02	AN
Safilo Secures Perpetual License for David Beckham's Eyewear Brand	May. 02	MT
Business Square up; MPS confirms itself as outperformer	May. 02	AN
Mib positive; MPS updates annual high	May. 02	AN
Safilo signs perpetual license agreement for eyewear by David Beckham	May. 02	AN
Safilo shareholders appoint new board of directors and authorize buyback plan	Apr. 24	AN
Milan rises; Israel will not respond to Tehran	Apr. 15	AN
Mib bullish; Larry Fink sees only two Fed cuts	Apr. 12	AN
Indices up; Italy, industrial sales down	Apr. 12	AN
Stock exchanges in green; CPI France and Germany close to 2 percent	Apr. 12	AN
Futures await rising lists	Apr. 12	AN
Mib falls to 33,700; ERG stays afloat	Apr. 11	AN
Stock markets down ahead of ECB decision	Apr. 11	AN
Mib at 34,000; oil stocks push on list	Apr. 11	AN
Safilo Group and Marc Jacobs renew contract through 2031	Apr. 10	AN
Mib in the red; banks and financials trailing	Apr. 05	AN
Futures up in central bank week	Mar. 18	AN
Milan up; Cucinelli and DiaSorin weigh on Mib.	Mar. 15	AN
Mib pegs 34,000 points; MPS still in the lead	Mar. 15	AN
Mib around parity; MPS leads the way	Mar. 15	AN
Safilo Group S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 14	CI
Safilo posts 76% drop in FY net profit on higher revaluations	Mar. 14	RE
Transcript : Safilo Group S.p.A., 2023 Earnings Call, Mar 14, 2024	Mar. 14

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Company Profile

Safilo Group SpA is an Italy-based holding company of the Safilo Group (the Group). The Group manufactures sunglasses and prescription eyewear and is engaged in the design, production, wholesale and retail distribution of products for the eyewear market. The Group operates a number of brands grouped into own brands and licensed brands. The Group's own brands consists of house brand collections of optical frames, sunglasses, technical glasses, ski goggles and helmets and includes the Safilo, Carrera, Polaroid, Smith Optics and Oxydo brands. The licensed brands portfolio includes Alexander McQueen, Banana Republic, BOSS, BOSS Orange, Bottega Veneta, Celine, Dior, Fossil, Gucci, HUGO, J.Lo by Jennifer Lopez, Jimmy Choo, Juicy Couture, Kate Spade, Liz Claiborne, Marc Jacobs, Marc by Marc Jacobs, Max Mara, Max&Co, Pierre Cardin, Saint Laurent, Saks Fifth Avenue and Tommy Hilfiger. It operates through 30 owned subsidiaries in America, Europe and Asia and through a network of distributors.

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Apparel & Accessories

Calendar

2024-05-06 - Q1 2024 Sales and Revenue Release - Trading Update

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