Bunnik, the Netherlands, 26 August 2022 – Royal BAM Group nv has repurchased 754,792 of its own shares in the period from 19 August 2022 up to and including 26 August 2022 at an average price of €2.71. The consideration for this repurchase was €2.1 million.
The repurchased shares represent 14 per cent of BAM’s share buy-back programme for 5,287,888 ordinary shares as confirmed on 19 August 2022, to fulfill BAM’s obligations for the various running share-based employee incentive schemes vesting up to April 2025.
An overview of all weekly transactions with aggregated numbers of repurchased shares is published by BAM on its website.
Click here for the press release of 19 August 2022, confirming the start of the share buy-back programme.