• Update on share repurchase program KBC Ancora until 04 November 2022

    Source: Nasdaq GlobeNewswire / 07 Nov 2022 11:40:00   America/New_York

    Regulated information, inside information, Leuven, 07 November 2022 (17:40 CET)

    Update on share repurchase program KBC Ancora until 04 November 2022

    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 23,200 shares in the period from 31 October 2022 to 04 November 2022.

    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 31 October 20225,50036.0735.9836.44198,394.35
    Tue 1 November 20223,70036.4436.2036.66134,813.94
    Wed 2 November 20225,00036.0535.7836.60180,228.00
    Thu 3 November 20224,00036.1435.9036.28144,573.20
    Fri 4 November 20225,00037.3636.7037.58186,787.00
    TOTAL
    (period concerned)    		23,20036.4135.7837.58844,796.49
    TOTAL (overall repurchase program)723,83834.7331.6838.6225,141,464.99

    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 723,838 of its own shares, or 0.92% of the total number of shares issued (i.e. 78,301,314), for an average price of 34.73 euros per share and for a total amount of 25,141,465 euros. KBC Ancora has currently implemented 50.28% 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.

            ---------------------------------

    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:
    27 January 2023         Interim financial report (1H)
    1 September 2023         Annual press release for the financial year 2022/2023
    27 October 2023         Annual 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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