a.s.r. repurchases shares for employee share plan
ASR Nederland N.V. (a.s.r.) announces the purchase of ordinary shares for an amount of € 7.5 million. These shares are repurchased for the share plan for employees of a.s.r. and its wholly-owned subsidiaries.
a.s.r. will repurchase its own shares in the period from January 19, 2021 to February 1, 2021 at the latest up to a maximum amount of € 7.5 million. The number of treasury shares to be repurchased falls within the authorization of the general meeting of shareholders of a.s.r. granted to the Executive Board on May 20, 2020. The number of shares to be repurchased is approximately 220,848, based on the opening price of the share on January 15 of € 33.96.
An independent broker has been appointed by a.s.r. for the execution of the repurchase plan. The exact timing of the purchases will be determined by the broker, independently and without interference from a.s.r. The execution of the repurchase plan depends on market conditions.
The progress of the purchases by the broker will be announced weekly in a press release and on the a.s.r. website at: www.asrnl.com/news-and-press.
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Rosanne de Boer
Non-life P&C, Individual Life and Funeral, Corporate Governance, Results, Sustainability, Combination a.s.r. and Aegon
Rosanne de Boer is temporarily unavailable. For press inquiries, please contact Nienke Abid.