Shareholder structure and major holdings
Share ownership
The ownership structure of Avio S.p.A. is shown in the chart below, indicating the main shareholders and their respective stakes in the share capital.
The Avio managers’ fully owned investment company, “InOrbit”, is among the main shareholders with 1% of the total share capital.
Avio's share capital is divided into 46,789,543 shares with no par value
| Shareholder | % |
|---|---|
| Leonardo | 19.30% |
| WCM Investment Management LLC | 5.00% |
| DWS Investments GmbH | 4.92% |
| Delfin Sarl | 3.73% |
| Plenisfer Investments SGR S.p.A. | 2.82% |
| InOrbit (Management) | 1.04% |
| Treasury shares | 2.11% |
| Floating* | 61.07% |
*Computed as the residual part of the shares not owned by the shareholders represented in the table above
A second share buyback program has been authorized by the Shareholders’ Meeting held on April 2021, in February 2022 Avio has started an independent share buyback program to be concluded by October 2022.A new shares buyback program has been authorized by the Shareholders’ Meeting held in April 2024, to be concluded by October 2025