• Update on share repurchase program KBC Ancora until 27 January 2023

    Source: Nasdaq GlobeNewswire / 30 Jan 2023 11:40:00   America/New_York

    Regulated information, inside information, Leuven, 30 January 2023 (17:40 CET)

    Update on share repurchase program KBC Ancora until 27 January 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 25,500 shares in the period from 23 January 2023 to 27 January 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 23 January 20235,50045.1244.9245.26248,160.55
    Tue 24 January 20234,00045.0244.8845.18180,060.00
    Wed 25 January 20236,00044.5144.3244.90267,082.20
    Thu 26 January 20236,00044.4944.3044.62266,925.00
    Fri 27 January 20234,00044.4444.2044.62177,770.40
    TOTAL (period concerned)25,50044.7144.2045.261,139,998.15
    TOTAL (overall repurchase program)1,061,05536.8631.6846.3639,110,211.74

    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 1,061,055 of its own shares, or 1.36% of the total number of shares issued (i.e. 78,301,314), for an average price of 36.86 euros per share and for a total amount of 39,110,212 euros. KBC Ancora has currently implemented 78.22% 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.

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    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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