Van Lanschot Kempen completes share buy-back programme

09 May 2024 08:30 CEST

Van Lanschot Kempen today announced that it has successfully completed its share buy-back programme. In the last period, between 7 May 2024 and 8 May 2024, Van Lanschot Kempen repurchased 32,900 of its own shares (depositary receipts for Class A ordinary shares) at an average price of €38.25 per share for a total amount of €1,258,412. 

A total of 700,000 shares have been repurchased under the programme at an average price of €32.38 per share, representing a total amount of €22,663,719. 

The programme was announced on 22 February 2024. The repurchased shares will be used to cover the depositary receipts to be allocated to employees under existing remuneration policies and share plans. 

More information, including a detailed overview of the repurchase transactions under this programme, is available on Share buy-back.