Press release: KPN reports on progress of € 300m share buyback

The issuer is solely responsible for the content of this announcement.

Information

Provider:

EQS

Tags:

KPN, Share repurchase, Security (finance), Car rental

Retrieved on:

Monday, May 22, 2023

Stock Symbol:

ISIN:NL0000009082

Geotags:

NIEDERLANDE

Content

Key Points:

The issuer is solely responsible for the content of this announcement.
KPN has repurchased 2,002,000 KPN ordinary shares in the period from 15 May to 19 May 2023.
The shares were repurchased at an average price of € 3.29 per share for a total consideration of € 6.6m.
These repurchases were made as part of the € 300m share buyback started on 16 February 2023 and are part of KPN's commitment to structurally return additional capital to its shareholders.

Royal KPN N.V.

Press release: KPN reports on progress of € 300m share buyback

22-May-2023 / 17:45 CET/CEST

The issuer is solely responsible for the content of this announcement.

KPN reports on progress of € 300m share buyback

KPN has repurchased 2,002,000 KPN ordinary shares in the period from 15 May to 19 May 2023. The shares were repurchased at an average price of € 3.29 per share for a total consideration of € 6.6m. These repurchases were made as part of the € 300m share buyback started on 16 February 2023 and are part of KPN's commitment to structurally return additional capital to its shareholders.

The total number of ordinary shares repurchased to date is 77,993,831 for a total consideration of

€ 254.0m.

Transaction details of the share buyback are available on our website.

For more information:
KPN Royal Dutch Telecom
Investor Relations
Wilhelminakade 123
3072 AP Rotterdam

E-mail: [email protected]

Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

End of Announcement - EQS News Service

1638403 22-May-2023