Update on share repurchase program KBC Ancora until 12 August 2022

·2 min read
KBC Ancora
KBC Ancora

Regulated information, inside information, Leuven, 16 August 2022 (17:40 CEST)

Update on share repurchase program KBC Ancora until 12 August 2022

As part of the EUR 50 million share repurchase program, as confirmed on 20 May 2022, KBC Ancora has announced that it bought back a total of 25,500 shares in the period from 08 August 2022 to 12 August 2022.

The following transactions were carried out during the period in question:

Transaction date

Number of shares

Average price (EUR)

Lowest price (EUR)

Highest price (EUR)

Total amount (EUR)

Mon 8 August 2022

4,500

35.23

34.80

35.46

158,518.35

Tue 9 August 2022

3,500

35.55

35.14

35.80

124,422.20

Wed 10 August 2022

5,000

36.07

35.44

36.30

180,338.50

Thu 11 August 2022

7,500

35.82

35.56

36.82

268,631.25

Fri 12 August 2022

5,000

36.20

35.90

36.48

181,002.00

TOTAL
(period concerned)

25,500

35.80

34.80

36.82

912,912.30

TOTAL (overall repurchase program)

324,786

35.15

32.36

38.62

11,416,999.11

All transactions were carried out in the central order book of Euronext Brussels.
Since the start of the share repurchase program on 10 June 2022, KBC Ancora has bought back 324,786 of its own shares, or 0.41% of the total number of shares issued (i.e. 78,301,314), for an average price of 35.15 euros per share and for a total amount of 11,416,999 euros. KBC Ancora has currently implemented 22.83% of the repurchase program.

The repurchase program runs within the limits of the share repurchase authorization granted by the Extraordinary General Meeting of Shareholders on 30 October 2020.

---------------------------------

KBC Ancora is a listed company that holds 18.6% of the shares in KBC Group. Together with Cera, MRBB and the Other Permanent Shareholders, it ensures shareholder stability and the ongoing development of the KBC Group. As core shareholders of KBC Group, they have concluded a shareholders’ agreement to this end.

Financial calendar:
26 August 2022        Annual statement for the 2021/2022 financial year
27 September 2022        Annual Report for the financial year 2021/2022 available
28 October 2022        General Meeting

This press release is available in Dutch, French and English on the website www.kbcancora.be.

KBC Ancora Investor Relations & Press contact: Jan Bergmans
Tel. +32 (0)16 27 96 72
email: jan.bergmans@kbcancora.be or mailbox@kbcancora.be

Attachment