Press release: KPN reports on progress of EUR 300m share buyback
Royal KPN N.V. Press release: KPN reports on progress of EUR 300m share buyback 27-March-2023 / 17:45 CET/CEST The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
KPN reports on progress of EUR 300m share buyback
KPN has repurchased 2,000,000 KPN ordinary shares in the period from 20 March to 24 March 2023. The shares were repurchased at an average price of EUR 3.26 per share for a total consideration of EUR 6.5m. These repurchases were made as part of the EUR 300m share buyback started on 16 February 2023 and are part of KPN's commitment to structurally return additional capital to its shareholders.
The total number of ordinary shares repurchased to date is 12,845,439 for a total consideration of EUR 41.6m.
Transaction details of the share buyback are available on our website.
For more information: KPN Royal Dutch Telecom Investor Relations Wilhelminakade 123 3072 AP Rotterdam
E-mail: ir@kpn.com
-----------------------------------------------------------------------------------------------------------------------
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
End of Announcement - EQS News Service
1593303 27-March-2023
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1593303&application_name=news
(END) Dow Jones Newswires
March 27, 2023 11:45 ET (15:45 GMT)