For the period starting August 4, 2022, up to and including October 31, 2022, we have mandated third parties to execute €400 million in share buybacks on our behalf while for the period starting November 3, 2022, up to and including December 28, 2022, we have mandated another third party to execute €244 million in share buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association
Repurchased shares are added to and held as treasury shares and will be used for capital reduction purposes or to meet obligations arising from share-based incentive plans.
In accordance with regulatory requirements regarding substantial holdings, the company has notified the Dutch Authority for the Financial Markets (AFM) on August 11, that the number of shares held in treasury exceeded the notification threshold of 3% of the issued capital that day. The number of shares held per the end of August 11, was 7.888.632.
Further information is available on our website: