Link Securities | Under the current authorisation granted by the Ordinary General Shareholders’ Meeting on 11 July 2023 for the derivative acquisition of treasury shares, the Board of Directors of Inditex approved, at its meeting held last week, a Temporary Share Buyback Programme with the following characteristics:
The purpose of the Programme is to enable Inditex to comply with its obligations to deliver shares to certain members of the management team, including executive directors, and other Inditex employees, arising from the first and second cycles of the 2023-2027 Long-Term Incentive Plan, approved by the aforementioned General Shareholders’ Meeting on 11 July 2023, as well as the first and second cycles of the 2025-2029 Long-Term Incentive Plan, approved by the General Shareholders’ Meeting on 15 July 2025.
The Programme will affect a maximum of 3,000,000 Inditex shares, representing 0.096% of its share capital on the date of this announcement, and its maximum monetary amount is €180,000,000.
The shares will be purchased at market price, in accordance with the price and volume conditions established in Regulation (EU) 2016/1052 and subject to the terms authorised by the General Shareholders’ Meeting.
The Programme will be executed in two tranches: the first tranche of 1,600,000 shares will be acquired between 5 February 2026 and 31 March 2026; the second tranche of 1,400,000 shares will be acquired between 1 May 2026 and 30 June 2026.
