Royal BAM Group nv has repurchased 719,803 of its own shares in the period from 15 May 2023 up to and including 19 May 2023 at an average price of €1.90. The consideration for this repurchase was €1.4 million.
The repurchased shares represent 15 per cent of BAM’s share buy-back programme for 9,351,489 ordinary shares as confirmed on 9 May 2023, to offset for the dilution effect due to the issue of stock dividend and to fulfill BAM’s obligations for the various running share-based employee incentive schemes vesting up to April 2026.
An overview of all weekly transactions with aggregated numbers of repurchased shares is published by BAM on its website.
Source link:https://www.bam.com/
