Shareholders

BAM closely monitors developments in its shareholder base through market information and a yearly shareholder identification report. Under the Dutch Financial Supervision Act, shareholders must disclose to the Dutch Authority for the Financial Markets (AFM) when they hold 3% or more of shares and when they transfer to a different threshold level. At year-end 2025, the aggregate holdings of funds controlled by Dimensional Fund Advisors, JP Morgan Asset Management,  Moneta Asset Management and The Vanguard Group each surpassed 3% in BAM’s share capital. BAM holds 14.8 million treasury shares, of which 3.5 million shares are allocated for the long-term incentive plan.

In 2025, BAM executed a €50 million share buyback programme. During 2025, the total number of shares qualifying for dividends decreased by 6,3 million as a result of buy backs.