BAM completes share buy-back programme

Bunnik, the Netherlands – Royal BAM Group nv has completed its current share buyback programme for 7,216,389 ordinary shares as confirmed on 3 May 2024 to offset for the dilution effect due to the issue of stock dividend, and for the additional share buyback of approximately €30 million, as announced on 15 February 2024.

In the period from 4 November 2024 up to and including 8 November 2024 709,238 shares were repurchased at an average price of €4.28 per share for a total consideration of €3.0 million. 

In total, during the period from 3 May 2024 up to and including 8 November 14,623,371 shares were repurchased at an average price of €4.00 per share for a total consideration of €58.4 million.

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 3 May 2024, confirming the start of the share buyback programme.

Further information:

• analysts: Michel Aupers, michel.aupers@bam.com, +31 (0)30 659 89 88;
• press: Arno Pronk, arno.pronk@bam.com, or Bert Ooms, bert.ooms@bam.com, +31 (0)30 659 89 88.

This press release contains information which is to be made publicly available under the Commission Delegated Regulation (EU) 2016/1052.