Bunnik, the Netherlands – Royal BAM Group nv has repurchased 612,761 of its own shares in the period from 28 October 2024 up to and including 1 November 2024 at an average price of €4.34. The consideration for this repurchase was €2.7 million.
In the aggregate BAM has repurchased 13,914,133 shares, for €55.4 million in total, up to and including 1 November 2024 of its 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 (of which 89.9% is now completed).
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.
This press release contains information which is to be made publicly available under the Commission Delegated Regulation (EU) 2016/1052.