Transaction in Own Shares • Apr 12, 2022
Transaction in Own Shares
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The Hague, the Netherlands, 12 April 2022 – PostNL has repurchased 2,413,851 of its common shares in the period from 5 April 2022 up to and including 11 April 2022. The shares were repurchased at an average price of €3.41 per share. The consideration of this period's repurchase was €8.2 million.
These repurchases were made as part of the share buyback programme with a value of maximum €250 million announced on 25 January 2022. The execution of the first tranche of the programme, of between €160 million and €170 million, has started on 1 March 2022 and is expected to be completed no later than October 2022.
The total number of shares repurchased under this programme to date is 9,504,023 common shares for a total consideration of €33.3 million.
Download the share buyback transactions excel sheet for detailed individual transaction information from https://www.postnl.nl/en/about-postnl/investors/shares/share-buyback-programme/
This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of the EU Regulation that contains technical standards for buyback programs.
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