AkzoNobel has announced that, in line with the launch of its €1 billion share buyback program on March 17, 2008, the company has repurchased 1,085,697 ordinary shares in the period July 14 until July 18, 2008. Shares were repurchased at an average price of €41.35.
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 18,592,771 ordinary shares for a total consideration of €911.4 million.
You can find detailed information on the daily repurchased shares in our Investor Relations section.