Core Viewpoint - ABN AMRO has announced a share buyback programme with a total value of EUR 250 million aimed at reducing its share capital [1][2]. Group 1: Share Buyback Programme Details - The share buyback programme will commence on 7 August 2025 and is expected to conclude by December 2025 [2]. - The maximum number of shares to be repurchased will not exceed 10% of the issued shares, as authorized by the general meeting of shareholders on 23 April 2025 [1][3]. - The capital required for the buyback has been reserved and is excluded from the CET1 ratio of 14.8% reported at the end of Q2 2025 [2]. Group 2: Regulatory and Execution Aspects - The European Central Bank (ECB) has approved the share buyback programme, which will comply with the Market Abuse Regulation [3]. - NLFI will participate in the buyback in proportion to its current stake of 30.5% through off-market transactions [3]. - ABN AMRO has established a non-discretionary arrangement with a financial intermediary to conduct the buyback in the open market [4]. Group 3: Communication and Reporting - ABN AMRO will provide weekly updates on the progress of the share buyback programme through press releases and on its Investor Relations website [4].
ABN AMRO announces EUR 250 million share buyback programme
Globenewswireยท2025-08-06 05:01