By Pierre Bertrand

 

Exor NV said Friday that its board of directors has approved transferring the listing of the company's ordinary shares to Euronext Amsterdam from Milan.

The move will align with the investment company's legal registration as a Dutch company, and would result in it being overseen by a single market regulator, Exor said.

The transfer is dependent on the approval of the Dutch market regulator, but is expected to become effective by mid-August, the company said.

Separately, the company said it will continue with a second tranche of up to 250 million euros ($254.9 million) of a buyback program set out in March.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

July 29, 2022 12:37 ET (16:37 GMT)

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