AI Terminal
Ackermans & van Haaren NV
Transaction in Own Shares • Dec 22, 2023
3903_dirs_2023-12-22_a4e2eb2c-f6c0-4519-87c7-4dc160029e53.pdf
Transaction in Own Shares
Open in ViewerOpens in native device viewer
Acquisition and disposal of own shares
The extraordinary shareholders' meeting of Ackermans & van Haaren NV has on October 20, 2023 renewed the general authorisation of the board of directors to acquire own shares for a period of 5 years (until October 31, 2028).
This press release includes information on the acquisitions and disposals made between December 13, 2023 and December 22, 2023.
Ackermans & van Haaren NV has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share. In the framework of this liquidity programme, AvH shares are acquired and sold on Euronext Brussels on behalf of Ackermans & van Haaren. Since January 1, 2023, this has resulted in a net acquisition of 26,025 own shares. Kepler Cheuvreux has in the period from December 13, 2023 until December 22, 2023 acquired a total of 23,989 shares and sold 20,100 shares on Euronext Brussels.
Ackermans & van Haaren has acquired 430,020 shares since January 1, 2023.
As part of the share buyback programme announced in October 2022 (for up to 70.0 million euros), 488,414 shares were acquired for a total sum of 69,999,222 euros since the start of the programme. As the maximum amount of 70.0 million euros has been reached on November 8, 2023, the acquisitions related to this programme have been stopped. 80,000 of these shares have in the meanwhile been allocated to cover the stock option plan obligations.
In addition, Ackermans & van Haaren has acquired 12,239 shares since January 1, 2023 on Euronext Brussels in the framework of the stock option plan. No shares were acquired on Euronext Brussels in the period between December 13, 2023 and December 22, 2023 to cover stock option plan obligations.
Ackermans & van Haaren currently owns 799,984 own shares, or 2.39% of the total shares outstanding.
Acquisition of own shares (on Euronext Brussels in the framework of the liquidity programme)
| Date | Number of shares | Average price (in euros) |
Lowest price (in euros) |
Highest price (in euros) |
Total amount (in euros) |
|---|---|---|---|---|---|
| 13/12/2023 | 3,400 | 154.94 | 154.50 | 155.70 | 526,796.00 |
| 14/12/2023 | 3,385 | 155.73 | 155.50 | 156.00 | 527,146.05 |
| 15/12/2023 | 3,500 | 157.00 | 156.60 | 157.60 | 549,500.00 |
| 18/12/2023 | 1,500 | 155.87 | 154.90 | 156.70 | 233,805.00 |
| 19/12/2023 | 3,968 | 155.44 | 155.20 | 155.80 | 616,785.92 |
| 20/12/2023 | 4,068 | 156.95 | 155.40 | 157.50 | 638,472.60 |
| 21/12/2023 | 4,168 | 156.43 | 155.40 | 157.20 | 652,000.24 |
Disposal of own shares (on Euronext Brussels in the framework of the liquidity programme)
| Date | Number of shares | Average price (in euros) |
Lowest price (in euros) |
Highest price (in euros) |
Total amount (in euros) |
|---|---|---|---|---|---|
| 13/12/2023 | 3,300 | 155.02 | 154.50 | 155.60 | 511,566.00 |
| 14/12/2023 | 3,300 | 155.80 | 155.40 | 156.60 | 514,140.00 |
| 15/12/2023 | 4,800 | 157.34 | 156.70 | 158.10 | 755,232.00 |
| 18/12/2023 | 1,400 | 155.92 | 155.10 | 156.70 | 218,288.00 |
| 19/12/2023 | 600 | 155.77 | 155.70 | 155.90 | 93,462.00 |
| 20/12/2023 | 4,200 | 156.75 | 155.40 | 157.40 | 658,350.00 |
| 21/12/2023 | 2,500 | 156.61 | 155.80 | 157.10 | 391,525.00 |
Ackermans & van Haaren
Ackermans & van Haaren positions itself as the long-term partner of choice of family businesses and management teams to help build high-performing market leaders and contribute to a more sustainable world.
Ackermans & van Haaren is a diversified group operating in 4 core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE, a construction group with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank Van Breda, niche bank for entrepreneurs and the liberal professions in Belgium), Real Estate (Nextensa, a listed integrated real estate group) and Energy & Resources (SIPEF, an agroindustrial group in tropical agriculture). In its Growth Capital segment, AvH also provides growth capital to sustainable companies in different sectors.
At an economic level, the AvH group represented in 2022 a turnover of 5.7 billion euros and employed 21,453 people through its share in the participations. AvH is listed on Euronext Brussels and is included in the BEL20 index, the BEL ESG index and the European DJ Stoxx 600 index.
Website Contact
All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be. Anyone who is interested to receive the press releases via email has to register to this website.
For further information please contact:
John-Eric Bertrand co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.08
Piet Dejonghe co-CEO - co-Chairman executive committee - Tel. +32.3.897.92.36
Tom Bamelis CFO - Member executive committee - Tel. +32.3.897.92.35
e-mail: [email protected]
Financial calendar
- February 29, 2024 .............Annual results 2023
- May 23, 2024 .....................Interim statement Q1 2024
Ackermans & van Haaren NV - Begijnenvest 113 - 2000 Antwerp - Tel. +32 3 231 87 70 - [email protected] - www.avh.be