Brief: Azimut Expects TNB Authorisation By Q2 2026, Board To Propose EUR 500 Mln Share Buyback
06/11/2025 13:15
Nov 6 (Reuters) - Azimut Holding SpA AZMT.MI: BOARD PROPOSES €500 MILLION SHARE BUYBACK PROGRAM AUTHORIZATION FOR TNB PROJECT EXPECTED BY Q2 2026 TARGETS GLOBAL ASSETS OF €95-110 BILLION BY 2030 BUYBACK TO BE COMPLETED WITHIN 18-24 MONTHS REPORT BY BANK OF ITALY IDENTIFIED AREAS FOR IMPROVEMENT PRIMARILY RELATING TO ACM’S ORGANIZATIONAL STRUCTURE, INTERNAL CONTROL FRAMEWORK ACM INITIATED DEFINITION OF ACTION PLAN TO IMPLEMENT, CORRECTIVE STRENGTHENING MEASURES REQUESTED BY AUTHORITIES, TO BE SUBMITTED BY NOVEMBER 30, TO BE FULLY IMPLEMENTED NO LATER THAN APRIL 30 2026 ACM TO PRESENT NEW 2026–2028 INDUSTRIAL PLAN DEFINING ALSO GOVERNANCE EVOLUTION, POSITIONINING WITHIN AZIMUT GROUP Further company coverage: AZMT.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48587696600;))