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Aalberts reports the progress of its share buyback programme 09 June - 13 June 2025
Globenewswire·2025-06-17 05:30

Core Points - Aalberts has repurchased 2,500 shares from June 9 to June 13, 2025, for a total of EUR 78,285.24, averaging EUR 31.31 per share [1] - The total shares repurchased under the buyback program up to June 13, 2025, is 1,842,869, amounting to EUR 54,988,223 [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 conducted within the authority granted by the AGM on May 23, 2024, and adheres to the Market Abuse Regulation and safe harbour parameters [3] Summary by Categories Share Buyback Program - The share buyback program commenced on February 28, 2025, and is intended to cancel the repurchased shares [1] - An intermediary has been engaged to facilitate the repurchase in the open market, independent of Aalberts [2] Financial Details - The average price per share repurchased during the recent period was EUR 31.31, with a total expenditure of EUR 78,285.24 for 2,500 shares [1] - Cumulatively, the company has spent EUR 54,988,223 on repurchasing shares as of June 13, 2025 [2] Regulatory Compliance - The buyback program is executed in compliance with the regulations set forth by the Market Abuse Regulation and the Commission Delegated Regulation [3]