Published: 8.30 CEST
Van Lanschot Kempen today announced that it has successfully completed its share buy-back programme. In the last period, between 12 July 2022 and 15 July 2022, Van Lanschot Kempen repurchased 14,687 of its own shares (depositary receipts for Class A ordinary shares) at an average price of €21.38 per share for a total amount of €313,942.
A total of 600,000 shares have been repurchased under the programme at an average price of €23.62 per share, representing a total amount of €14,172,208.
The programme was announced on 24 February 2022. 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 at Share buy-back programmes.