ABN AMRO completes EUR 500 million share buyback programme of 15 February 2024
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ABN AMRO announced today that it has completed its EUR 500 million share buyback programme which started on 15 February 2024.
Under the share buyback programme a total of 32,526,813 ordinary shares and depository receipts were purchased, representing 3.76% of issued shares, at an average price of EUR 15.37. ABN AMRO intends to cancel the repurchased ordinary shares and corresponding depository receipts in due course.
NLFI as a majority shareholder has participated pro-rata in the share buyback programme for 40% of the total program as NLFI is currently executing a trading program with the intention to bring down its stake to approximately 40%.
Since the last update on the share buyback programme on 2 May 2024 a remaining number of 726,813 shares and depositary receipts were repurchased at an average price of EUR 15.60 for a total amount of EUR 11,337,100.61.