AkzoNobel Share Buyback Program (Week 23 of 2008)
June 9, 2008
AkzoNobel (Euronext Amsterdam: AKZ) has announced that, in line with the launch of its €1 billion share buyback program on March 17, 2008, the company has repurchased 1,353,500 ordinary shares in the period June 2 until June 6, 2008. Shares were repurchased at an average price of €52.72.
The €1 billion program is the first tranche of a €3 billion share buyback program.
The total number of shares repurchased under this program to date is 9,437,233 ordinary shares for a total consideration of €502 million.
You can find detailed information on the daily repurchased shares in our Investor Relations section.