Van Lanschot Kempen completes share buy-back programme
(Thomson Reuters ONE) -
'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(at)vanlanschotkempen.com
Investor Relations: +31 20 354 45 90; investorrelations(at)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:
http://hugin.info/133415/R/2138851/818754.pdf
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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News-ID 562147
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Town:
's-Hertogenbosch
Kategorie:
Business News
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