Bunnik, the Netherlands, 24 July 2023 – Royal BAM Group nv has repurchased 662,091 of its own shares in the period from 17 July 2023 up to and including 21 July 2023 at an average price of €2.03. The consideration for this repurchase was €1.3 million.
The repurchased shares represent 77 per cent of BAM’s share buy-back programme for 9,351,489 ordinary shares as confirmed on 9 May 2023, to offset for the dilution effect due to the issue of stock dividend and to fulfill BAM’s obligations for the various running share-based employee incentive schemes vesting up to April 2026.
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 9 May 2023, confirming the start of the share buy-back programme.
Click here for the press release of 3 July 2023.
Click here for the press release of 10 July 2023.
Click here for the press release of 17 July 2023.
This press release contains information which is to be made publicly available under the Regulation (EU) 2016/1052.