Workflow
Aalberts reports the progress of its share buyback programme 28 July – 01 August 2025
GlobeNewswire News Room·2025-08-05 05:30

Group 1 - Aalberts has repurchased 242,722 of its own shares for a total amount of EUR 9,756,200, averaging EUR 28.47 per share during the period from 28 July 2025 to 02 August 2025 [1] - The share buyback program, announced on 27 February 2025, has a total budget of EUR 75 million and is set to conclude by 24 October 2025 [2] - As of 01 August 2025, a cumulative total of 2,493,046 shares have been repurchased under the program, amounting to EUR 73,566,916 [2] Group 2 - Aalberts has engaged an intermediary to conduct the share repurchases in the open market, adhering to the authority granted by the Annual General Meeting on May 23, 2024 [3] - The share buyback program will comply with the Market Abuse Regulation 596/2014 and the safe harbour parameters of the Commission Delegated Regulation 2016/1052 [3] Group 3 - Weekly progress of the share buyback program can be tracked on the company's dedicated website [4] - The press release is issued in accordance with the disclosure obligations set out in Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [5]