media release

AkzoNobel Share Buyback Program (Week 33 of 2008)

AkzoNobel has announced that, in line with the launch of its share buyback program on March 17, 2008, the company has repurchased 1,296,790 ordinary shares in the period August 11 until August 15, 2008. Shares were repurchased at an average price of €40.40.

 

AkzoNobel has announced that, in line with the launch of its share buyback program on March 17, 2008, the company has repurchased 1,296,790 ordinary shares in the period August 11 until August 15, 2008. Shares were repurchased at an average price of €40.40.

The total number of shares repurchased under this program to date is 24,407,614 ordinary shares for a total consideration of €1.143 billion.

The first €1 billion tranche of the €3 billion share buyback program was concluded by the end of July 2008. The second tranche of €1 billion is expected to be completed by year end 2008.

You can find detailed information on the daily repurchased shares in our Investor Relations section.