a.s.r. repurchases shares for employee share plan
ASR Nederland N.V. (a.s.r.) announces the repurchase of ordinary shares in the amount of 300.000 shares. These shares are repurchased for the share plan for employees of a.s.r.
a.s.r. will repurchase its own shares in the period from 22 January 2024 through 7 February 2024 at the latest up to a maximum amount of 300.000 shares. The number of shares to be repurchased is within the authorisation of the general meeting of shareholders of a.s.r. granted to the Executive Board on 31 May 2023. The number of shares being repurchased represents a cash amount of approximately €12.8 million, based on the opening share price on 19 January 2024 of € 42.78.
An independent broker has been appointed to implement the repurchase programme. The exact timing will be determined by the broker, independently and without interference from a.s.r. The implementation of the repurchase programme depends on market conditions. The progress of the purchases will be announced weekly on the a.s.r. website: https://www.asrnl.com/investor-relations/shareholders/repurchase-of-own-shares.
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