Royal BAM N : Weekly share repurchase programme update as of 3 June 2024
June 03, 2024 at 07:18 am
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3 June 2024 - 08:00
Weekly share repurchase programme update as of 3 June 2024
Bunnik, the Netherlands, 3 June 2024 - Royal BAM Group nv has repurchased 1,141,930 of its own shares in the period from 27 May 2024 up to and including 31 May 2024 at an average price of €3.89. The consideration for this repurchase was €4.4 million.
In the aggregate BAM has repurchased 2,398,782 shares, for €9.1 million in total, up to and including 31 May 2024 of its share buyback programme for 7,216,389 ordinary shares as confirmed on 3 May 2024 to offset for the dilution effect due to the issue of stock dividend, and for the additional share buyback of approximately €30 million, as announced on 15 February 2024.
An overview of all weekly transactions with aggregated numbers of repurchased shares is published by BAM on its website.
Click here for the press release of 3 May 2024, confirming the start of the share buyback programme.
press: Arno Pronk, arno.pronk@bam.com, or Bert Ooms, bert.ooms@bam.com, +31 (0)30 659 89 88.
This press release contains information which is to be made publicly available under the Commission Delegated Regulation (EU) 2016/1052.
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Royal BAM Group NV published this content on
03 June 2024 and is solely responsible for the information contained therein. Distributed by
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03 June 2024 06:17:02 UTC.
Royal BAM Group N.V. is a building and public works group. Net sales break down by activity as follows:
- buildings and civil engineering infrastructure construction (88.3%): roads, highways, airports, tunnels, railways, residences, hospitals, schools, offices, businesses, etc. The group also develops subcontracted mechanical and electrical installations implementation activity;
- real estate development (8.7%);
- other (3%).
Net sales are distributed geographically as follows: the Netherlands (47.9%), the United Kingdom (42.7%), Ireland (7.4%), Belgium (1.9%) and other (0.1%).
ROYAL BAM GROUP N.V. 
