Share buy-back programme for incentive schemes

On 18 August 2022, BAM has announced the Group will buy back up to 5.3 million shares to fulfill its obligations for the various running share-based employee incentive schemes vesting up to April 2025.

The share buyback is executed upon the specific authorisation granted by the Annual General Meeting of 13 April 2022 and started on 19 August 2022. The programme will end on 30 November 2022 at the latest.

Overview weekly transactions

Start date: 19 August 2022
Envisaged end date: 30 November 2022
Total number of shares to be purchased in programme: 5,287,888

Week

Number of 
repurchased shares 

Average 
purchase price 
(€) 

Settlement 
amount 
(€) 

% *) 

19 August - 26 August

754,792

2.71

2,046,934

14

29 August - 2 September

854,109

2.66

2,270,526

30

5 September - 9 September

748,386

2.76

2,062,082

45

12 September - 16 September

778,901

2.89

2,250,944

59

19 September - 23 September

903,421

2,76

2,494,075

76

26 September - 30 September

956,720

2.56

2,446,718

94

3 October - 4 October

291,559

2.59

754,499

100

19 August - 14 October

5,287,888

2.71

14,325,779

100

*) Percentage of programme completed in shares.