Bunnik, the Netherlands, 5 September 2022 – Royal BAM Group nv has repurchased 854,109 of its own shares in the period from 29 August 2022 up to and including 2 September 2022 at an average price of €2.66. The consideration for this repurchase was €2.3 million.
The total number of shares repurchased under this programme to date is 1,608,901 shares, for a total consideration of €4.3 million.
The total number of repurchased shares represent 30 per cent of BAM’s share buy-back programme for 5,287,888 ordinary shares as confirmed on 19 August 2022, to fulfill BAM’s obligations for the various running share-based employee incentive schemes vesting up to April 2025.
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.