Press release: KPN reports on progress of € 300m share buyback
Royal KPN N.V.
Press release: KPN reports on progress of € 300m share buyback
05-Jun-2023 / 17:45 CET/CEST
The issuer is solely responsible for the content of this announcement.
KPN reports on progress of € 300m share buyback
KPN has repurchased 4,612,267 KPN ordinary shares in the period from 29 May to 2 June 2023. The shares were repurchased at an average price of € 3.19 per share for a total consideration of € 14.7m. These repurchases were made as part of the € 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 84,606,741 for a total consideration of
€ 275.3m.
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
Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
1649365 05-Jun-2023