BAM reports transactions under its current share buy-back programme

Bunnik, the Netherlands, 15 May 2023 – Royal BAM Group nv has repurchased 676,812 of its own shares in the period from 9 May 2023 up to and including 12 May 2023 at an average price of €1.91. The consideration for this repurchase was €1.3 million. 

The repurchased shares represent 7 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.

Further information:

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

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