Published: 8.30 AM CET
Van Lanschot Kempen today announced that it has successfully completed its share buy-back programme. In the last period, between 3 March 2020 and 9 March 2020, Van Lanschot Kempen repurchased 77,861 of its own shares (depositary receipts for Class A ordinary shares) at an average price of €18.83 per share – a total amount of €1,465,852.
A total of 150,000 shares have been repurchased under the programme at an average price of €19.05 per share, representing a total amount of €2,857,596.
The programme was announced on 20 February 2020. The repurchased shares will be used to cover the depositary receipts to be allocated to employees under existing remuneration policies and share plans.
More information, including a detailed overview of all repurchase transactions under this programme, is available on Share buy-back programmes.