Core Points - Aalberts has repurchased 105,706 of its own shares from April 22 to April 25, 2025, for a total amount of EUR 2,828,071.84, averaging EUR 26.75 per share [1] - This repurchase is part of a larger share buyback program announced on February 27, 2025, with a total budget of EUR 75 million, set to be completed by October 24, 2025 [2] - As of April 25, 2025, a total of 1,644,209 shares have been repurchased under this program, amounting to EUR 49,225,751 [2] Share Buyback Program Details - The share buyback is being conducted by an intermediary in the open market, independent of Aalberts, and will adhere to the authority granted by the Annual General Meeting on May 23, 2024 [3] - The program complies with the Market Abuse Regulation 596/2014 and the safe harbour parameters set by the Commission Delegated Regulation 2016/1052 [3] Additional Information - Weekly progress of the share buyback can be tracked on the company's dedicated website [4] - This press release fulfills the disclosure obligations as per Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [5]
Aalberts reports the progress of its share buyback programme 22 April – 25 April 2025
Globenewswire·2025-04-29 05:30