BAM closely monitors developments in its shareholder base by following public market information and a yearly shareholder identification report. Under the Dutch Financial Supervision Act, shareholders must disclose to the Dutch Authority for the Financial Markets (AFM) when they hold 3 per cent or more of shares and when they transfer to a different threshold level. At year-end 2022, Acadian Asset Management disclosed a position surpassing 3 per cent in BAM’s share capital. BAM holds 11,287,880 (4 per cent) treasury shares, of which 6,805,850 shares are for the long-term incentive plan of its management.
In 2022, BAM introduced a policy to buy back shares to fulfil the Company’s obligations for the various share-based employee incentive schemes in operation each year. Total shares qualifying for dividends declined by 5,176,448 at the end of 2022 versus the start of the year, following the execution of a share buy-back programme to fulfil BAM’s obligations for the various share-based employee incentive schemes vesting up to April 2025.