BAM confirms start share buyback programme

Today Royal BAM Group nv starts a share buyback programme for 7,216,389 ordinary shares to offset for the dilution effect due to the issue of stock dividend. In addition, the programme will also include the share buyback of approximately €30 million, as announced on 15 February 2024.

The share buyback is executed under terms of an engagement letter with a third party and upon the specific authorisation granted by the Annual General Meeting of 10 April 2024.

The programme will have a maximum end date of 31 December 2024. BAM will inform the market of the progress made in the execution through weekly press releases and updates on its website.

Further information

This press release contains inside information within the meaning of article 7(1) of the EU Market Abuse Regulation.