Core Points - Aalberts has repurchased 366,000 shares from April 7 to April 11, 2025, for a total of EUR 9,809,962, averaging EUR 26.80 per share [1] - The share buyback program, announced on February 27, 2025, has a total budget of EUR 75 million and is set to conclude by October 24, 2025 [2] - A cumulative total of 1,180,590 shares have been repurchased under the program, amounting to EUR 40,462,954 as of April 11, 2025 [2] - An intermediary has been engaged to conduct the share repurchases in the open market, adhering to regulations and limitations set by the Annual General Meeting [3] - The buyback program complies with the Market Abuse Regulation and the safe harbour parameters established by the Commission Delegated Regulation [3] Additional Information - Weekly progress of the share buyback can be tracked on the company's website [4] - This press release fulfills the disclosure obligations under EU regulations regarding buyback programs [5]
Aalberts reports the progress of its share buyback programme 07 April – 11 April 2025
Globenewswire·2025-04-15 05:30