ASR Nederland N.V. (a.s.r.) announces the initiation of a share buyback programme in line with the previously announced SBB programme presented during Capital Markets Day 2024.The execution of the € 175 million share buyback programme will be combined with the repurchase of shares for the management and the employee share plans for an amount of € 15 million, bringing the total repurchase volume to € 190 million.
The repurchase period will start on 18 February 2026 and will run until 19 May 2026 at the latest. The share buyback falls within the authorisation of 10% of the issued share capital granted by the General Meeting of Shareholders on 21 May 2025 to the Executive Board. The cancellation of the € 175 million of repurchased shares is expected to take place in 2026.
a.s.r. has appointed an independent broker to execute the share buyback programme. The exact timing of the repurchase transactions will be determined by this broker entirely independently and without interference from a.s.r. Based on the closing price of € 61.36 on 17 February 2026 and the total amount of € 190 million, the number of shares to be repurchased would be 3,096,480. The execution of the repurchase is dependent on market conditions.
The progress of the repurchases will be published weekly on the a.s.r. website.