BAM confirms start share buy-back programme
Bunnik, the Netherlands, 21 May 2019 – As announced on 9 May 2019, today BAM starts its share buy-back programme for 4,482,030 ordinary shares to neutralise the dilution effect of the issue of stock dividend and to fulfil its obligations deriving from the performance share plan.
The share buy-back is executed under terms of an engagement letter with a third party and upon the specific authorisation granted by the Annual General Meeting of 17 April 2019. The programme will run for two months and BAM will inform the market of the progress made in the execution through weekly press releases and updates on its website.
Further information:
- analysts: Michel Aupers, michel.aupers@bam.com, +31 (0)30 659 87 07;
- press: Niels van Dongen, niels.van.dongen@bam.com, or Arno Pronk, arno.pronk@bam.com, +31 (0)30 659 86 23.