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Aalberts reports the progress of its share buyback programme 05 May – 09 May 2025
GlobeNewswire·2025-05-13 05:30

Core Points - Aalberts has repurchased 141,063 shares from May 5, 2025, to May 9, 2025, for a total of EUR 4,056,005.58, averaging EUR 28.75 per share [1] - The cumulative total of shares repurchased under the buyback program has reached 1,793,728 shares for a total consideration of EUR 53,525,045 [2] - The share buyback program is part of a larger initiative announced on February 27, 2025, with a total budget of EUR 75 million, set to conclude by October 24, 2025 [1][2] - The buyback is being conducted in compliance with the authority granted by the Annual General Meeting on May 23, 2024, and adheres to the Market Abuse Regulation [3] Additional Information - An intermediary has been engaged to facilitate the share repurchase in the open market, independent of Aalberts [2] - The company intends to cancel the shares following their repurchase [1] - Weekly progress of the buyback program can be tracked on the company's website [3]