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 01-May-2023 / 17:45 CET/CEST The issuer is solely responsible for the content of this announcement.
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KPN reports on progress of EUR 300m share buyback
KPN has repurchased 24,365,379 KPN ordinary shares in the period from 24 April to 28 April 2023. The shares were repurchased at an average price of EUR 3.27 per share for a total consideration of EUR 79.6m. 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 67,741,136 for a total consideration of EUR 220.3m.
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
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Dissemination of a CORPORATE NEWS, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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End of Announcement - EQS News Service
1621267 01-May-2023
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(END) Dow Jones Newswires
May 01, 2023 11:45 ET (15:45 GMT)