BAM confirms start share buyback programme
Bunnik, the Netherlands, 19 August 2022 – As announced on 18 August 2022, today Royal BAM Group nv starts its share buyback programme for 5,287,888 ordinary shares to fulfill its obligations for the various running share-based employee incentive schemes vesting up to April 2025.
The share buyback is executed under terms of an engagement letter with a third party and upon the specific authorisation granted by the Annual General Meeting of 13 April 2022.
The programme will end on 30 November 2022 at the latest and BAM will inform the market of the progress made in the execution through weekly press releases and updates on its website.
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 that qualifies or may qualify as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.