Van Lanschot Kempen completes share buy-back programme
October 03 2017 - 1:30AM
's-Hertogenbosch, the
Netherlands, 3 October 2017
Van Lanschot Kempen today announced that it has
completed its share buy-back programme. A total 300,000 shares
(depositary receipts for Class A ordinary shares) have been
repurchased under the programme at an average price of €26.00 per
share, representing a total amount of €7,799,010.
The repurchased shares will be used to cover the
depositary receipts to be allocated to employees under existing
remuneration policies and share plan.
In the period between 26 September 2017 and 2
October 2017, Van Lanschot Kempen repurchased 54,305 of its own
shares at an average price of €26.59 per share - a total amount of
€1,443,802. These repurchases formed part of the share buy-back
programme for a total of 300,000 shares, announced on 7 June 2017
and 29 August 2017. The share buy-back programme has now been
completed.
More information, including a detailed overview of
the repurchase transactions under this programme, is available at
www.vanlanschotkempen.com/sharebuyback.
Media Relations: +31 20 354 45
85; mediarelations@vanlanschotkempen.com
Investor Relations: +31 20 354 45 90;
investorrelations@vanlanschotkempen.com
About Van Lanschot
Kempen
Van Lanschot Kempen, a wealth manager
operating under the Van Lanschot, Evi and Kempen 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.
vanlanschotkempen.com
Disclaimer
This document does not constitute an offer or solicitation for the
sale, purchase or acquisition in any other way of or subscription
to any financial instrument and is not an opinion or a
recommendation to perform or refrain from performing any
action.
This document is a translation of the Dutch original and is
provided as a courtesy only. In the event of any disparities, the
Dutch version will prevail.
Van Lanschot Kempen completes share
buy-back programme
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Van Lanschot Kempen via Globenewswire
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