BAM completes share buy-back programme

Bunnik, the Netherlands, 21 August 2023 – Royal BAM Group nv has completed its current 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.

In the period from 14 August 2023 up to and including 18 August 2023 730,998 shares were repurchased at an average price of €1.99 per share for a total consideration of €1.4 million.

In total, during the period from 9 May 2023 up to and including 18 August 2023 9,351,489 shares were repurchased at an average price of €1.94 per share for a total consideration of €18.2 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 9 May 2023, confirming the start of the share buy-back programme.
Click here for the press release of 17 July 2023.
Click here for the press release of 24 July 2023.
Click here for the press release of 31 July 2023.
Click here for the press release of 7 August 2023.
Click here for the press release of 14 August 2023.

Further information:

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

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