Contact media relations
AkzoNobel has repurchased 68,600 of its own ordinary shares in the period from April 10, 2017 up to and including April 13, 2017, at an average price of €79.09 per share. The consideration of the repurchase was €5.43 million.
This is part of a repurchase program announced on December 12, 2016. The total number of shares repurchased under this program to date is 2.35 million ordinary shares for a total consideration of €157.43 million.
The purpose of the program is to neutralize the dilutive effect of stock dividends paid in 2016.
For more information, visit the share buyback overview.
This is a press release by Akzo Nobel N.V. pursuant to Section 5, paragraph 4 of the Netherlands Decree on Public Takeover Bids.