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Buyback

On April 27 2018 the CIR General Shareholders Meeting renewed its authorization of the Board of Directors to buy back a maximum of 20 million own shares, over a period of 18 months and with a maximum expenditure of up to 20 million.
The reasons for the buyback are reported in the AGM press release.

CIR informs the market on a weekly-disclosure basis of any transactions completed.
As of April 27 2018 CIR held a total of 141,719,035 of its own shares, equal to approximately 17.84% of its share capital.