MILAN — Benetton Group SpA said Wednesday it would propose to buy back up to 10 percent of its share capital at its annual meeting next month.
Benetton said the proposed buyback of up to 18 million ordinary shares would run for a period of 18 months; enable the purchase of a portfolio of treasury shares, "considering this to be a strategic investment capable of producing added value for shareholders," and serve any share incentive schemes. Benetton said it does not currently hold any treasury shares.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)