In Piazza Affari, Luxottica shines, gaining more than two and a half percentage points in mid-morning, scoring one of the best increases in the Ftse Mib. The purchases of the stock were triggered by the upgrade made by HSBC analysts, who improved the recommendation from "neutral" to "overweight", raising the target price from 42 to 46 euros. Among the luxury stocks, the share of Salvatore Ferragamo also stands out on the Milanese list, which in the same minutes recorded an increase almost similar to that of Luxottica.
Meanwhile, yesterday it emerged that on 25 October Delfin sarl, the historic holding company in the Grand Duchy of Leonardo Del Vecchio, set up Delfin Finance Sa. The new entry in the Luxottica empire is a joint-stock company, which can be organized with a single shareholder or a plurality of shareholders. It has a subscribed capital of one million euros and its main objective is the purchase, management, valorisation and sale of shareholdings in Luxembourg and abroad, in any form.
In particular, the company may acquire shares and other equity securities, bonds, debt or deposit certificates and, in general, securities and financial instruments issued by public or private entities, via subscription, purchase, exchange or other methods. The parent company Delfin sarl controls Luxottica (61,3%), in addition to the shareholdings in Generali and Unicredit.
Delfin, among other things, announced yesterday that in recent days it had purchased around one hundred thousand Luxottica shares on the market, for a total outlay of 3,65 million euros. In detail, the holding company purchased 73 shares on 12 December at a unit price of 36,04 euros and another 28.500 shares the following day at 35,92 euros.
