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ABN ABN AMRO Bank N.V.

15.09
0.05 (0.33%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ABN AMRO Bank N.V. EU:ABN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.33% 15.09 15.05 15.10 15.15 14.86 15.09 2,684,494 16:40:00

ABN AMRO completes share buyback programme

12/05/2022 7:00am

GlobeNewswire Inc.


ABN AMRO Bank N.V (EU:ABN)
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ABN AMRO completes share buyback programme

ABN AMRO completes share buyback programme

ABN AMRO announced today that it has completed its EUR 500 million share buyback programme which started on 9 February 2022. The completion of this share buyback programme is an important milestone, adding a new instrument to manage the capital position and providing attractive returns to shareholders.

Under the share buyback programme a total of 42,478,085 ordinary shares and depository receipts were purchased, representing 4.5% of issued shares, at an average price of EUR 11.77. ABN AMRO intends to cancel the repurchased shares and corresponding depository receipts in due course.

NLFI as a majority shareholder has participated in the share buyback programme on a pro-rata basis and maintained its holding at 56.3%.

Since the last update on the share buyback programme on 6 May 2022 a remaining number of 2,173,734 shares and depositary receipts were repurchased at an average price of € 11.15 for a total amount of €24,240,547.

For detailed information on the daily repurchased shares and depositary receipts, individual share purchase transactions and weekly reports, see the ABN AMRO website at https://www.abnamro.com/en/investor-relations/information/share-buyback-programme

This press release is published by ABN AMRO Bank N.V. and contains information that is to be made publicly available under Regulation (EU) No 596/2014 (Market Abuse Regulation)

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