• Update on share repurchase program KBC Ancora until 23 December 2022

    Source: Nasdaq GlobeNewswire / 27 Dec 2022 10:40:00   America/Chicago

    Regulated information, inside information, Leuven, 27 December 2022 (17:40 CET)

    Update on share repurchase program KBC Ancora until 23 December 2022

    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 28,500 shares in the period from 19 December 2022 to 23 December 2022.

    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 19 December 20223,00041.4441.0641.52124,319.40
    Tue 20 December 20224,00041.8541.1242.18167,409.60
    Wed 21 December 20226,50042.7141.9642.92277,594.20
    Thu 22 December 20229,00042.6942.5643.00384,174.90
    Fri 23 December 20226,00042.5142.2642.80255,084.00
    TOTAL
    (period concerned)
    28,50042.4141.0643.001,208,582.10
    TOTAL (overall repurchase program)936,55535.8431.6843.0033,564,752.82

    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 936,555 of its own shares, or 1.20% of the total number of shares issued (i.e. 78,301,314), for an average price of 35.84 euros per share and for a total amount of 33,564,753 euros. KBC Ancora has currently implemented 67.13% 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:
    27 January 2023         Interim financial report (1H)
    1 September 2023         Annual press release for the financial year 2022/2023
    27 October 2023         Annual 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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