Bunnik, the Netherlands, 28 May 2019 – Royal BAM Group nv has repurchased 1,600,500 of its own shares in the period from 21 May 2019 up to and including 27 May 2019 at an average price of €3.65. The consideration for this repurchase was €5,841,593.01.
The repurchased shares represent 35.7 per cent of BAM’s share buy-back programme for 4,482,030 ordinary shares as confirmed on 21 May 2019, to neutralise the dilution effect of the issue of stock dividend and to fulfil its obligations deriving from the performance share plan.
The total number of shares repurchased under this programme to date is 1,600,500 shares, for a total consideration of €5.8 million. An overview of all weekly transactions with aggregated numbers of repurchased shares is published by BAM on its website.
This press release contains information which is to be made publicly available under the Regulation (EU) 2016/1052.
Click here for the press release of 21 May 2019, confirming the start of the share buy-back programme.