Van Lanschot Kempen completes share buy-back programme
Amsterdam/’s-Hertogenbosch, the Netherlands, 10 March 2020
Van Lanschot Kempen today announced that it has successfully completed its share buy-back programme. In the last period, between 3 March 2020 and 9 March 2020, Van Lanschot Kempen repurchased 77,861 of its own shares (depositary receipts for Class A ordinary shares) at an average price of €18.83 per share – a total amount of €1,465,852.
A total of 150,000 shares have been repurchased under the programme at an average price of €19.05 per share, representing a total amount of €2,857,596.
The programme was announced on 20 February 2020. The repurchased shares will be used to cover the depositary receipts to be allocated to employees under existing remuneration policies and share plans.
More information, including a detailed overview of all repurchase transactions under this programme, is available at www.vanlanschotkempen.com/sharebuyback.
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About Van Lanschot Kempen
Van Lanschot Kempen, a wealth manager operating under the Van Lanschot, Kempen and Evi brand names, is active in Private Banking, Asset Management and Merchant Banking, with the aim of preserving and creating wealth for its clients. Van Lanschot Kempen, listed at Euronext Amsterdam, is the Netherlands’ oldest independent financial services company with a history dating back to 1737.
This press release does not constitute an offer or solicitation for the sale, purchase or acquisition in any other way or subscription to any financial instrument and is not a recommendation to perform or refrain from performing any action.
This press release is a translation of the Dutch language original and is provided as a courtesy only. In the event of any disparities, the Dutch language version will prevail. No rights can be derived from any translation thereof.
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