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

Group 1 - Aalberts has repurchased 242,722 of its own shares from July 28, 2025, to August 2, 2025, for a total amount of EUR 9,756,200, resulting in an average share price of EUR 28.47 [1] - The share buyback program, announced on February 27, 2025, has a total budget of EUR 75 million and commenced on February 28, 2025, with an expected completion date of October 24, 2025 [2] - As of August 1, 2025, a cumulative total of 2,493,046 shares has been repurchased under the program for a total consideration of EUR 73,566,916 [2] Group 2 - Aalberts has engaged an intermediary to conduct the share repurchase in the open market, independent of the company, during both open and closed periods [3] - The share buyback will be executed within the limitations set by the authority granted at the Annual General Meeting on May 23, 2024, and will comply with the Market Abuse Regulation 596/2014 [3] Group 3 - The press release is issued in accordance with the disclosure and reporting obligations outlined in Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [5]