• Update on share repurchase program KBC Ancora until 10 February 2023

    Source: Nasdaq GlobeNewswire / 13 Feb 2023 11:40:00   America/New_York

    Regulated information, inside information, Leuven, 13 February 2023 (17:40 CET)

    Update on share repurchase program KBC Ancora until 10 February 2023

    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 37,200 shares in the period from 06 February 2023 to 10 February 2023.

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

    Transaction dateNumber of sharesAverage price (EUR)Lowest price (EUR)Highest price (EUR)Total amount (EUR)
    Mon 6 February 20236,00044.7444.4244.92268,445.40
    Tue 7 February 20238,70045.5845.3645.92396,578.19
    Wed 8 February 20236,00046.4146.0246.68278,464.80
    Thu 9 February 20237,50048.6447.1848.96364,797.75
    Fri 10 February 20239,00048.6148.2848.92437,491.80
    TOTAL
    (period concerned)
    37,20046.9344.4248.961,745,777.94
    TOTAL (overall repurchase program)1,129,71537.4131.6848.9642,262,989.37

    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 1,129,715 of its own shares, or 1.44% of the total number of shares issued (i.e. 78,301,314), for an average price of 37.41 euros per share and for a total amount of 42,262,989 euros. KBC Ancora has currently implemented 84.53% 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:
    01 September 2023         Annual press release for the financial year 2022/2023
    26 September 2023        Annual Report for the financial year 2022/2023 available
    27 October 2023         General Meeting of Shareholders

    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

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