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Aalberts reports the completion of its share buyback programme
GlobeNewswire News Roomยท2025-08-12 05:30

Core Viewpoint - Aalberts has successfully completed its share buyback program, repurchasing a total of 2,544,419 shares for approximately EUR 75 million, with the intention to cancel the repurchased shares [1][2]. Group 1: Share Buyback Program Details - The share buyback program was initiated on 28 February 2025 and concluded on 04 August 2025 [1]. - A total of 51,373 shares were repurchased on 04 August 2025, at an average price of EUR 27.90, amounting to EUR 1,433,068.14 [1]. - The cumulative total of shares repurchased under the program reached 2,544,419, with a total expenditure of EUR 74,999,984.32 [1]. Group 2: Compliance and Execution - The share buyback was conducted by an intermediary in the open market, adhering to the authority granted by the Annual General Meeting on 23 May 2024 [2]. - The program complied with the Market Abuse Regulation 596/2014 and the safe harbour parameters set by the Commission Delegated Regulation 2016/1052 [2]. Group 3: Additional Information - Weekly progress of the share buyback can be tracked on the company's dedicated website [3]. - This press release fulfills the disclosure obligations as per Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [4].