Allfunds reports on the progress of its share buyback programme
London/Madrid/Amsterdam - Allfunds Group plc (“Allfunds”) (TICKER: ALLFG) informs today that, under its share buyback programme announced on 8 November 2022, 955,000 of its own ordinary shares have been repurchased during the week of 21 November 2022 up to and including 25 November 2022 on Euronext Amsterdam. The shares were repurchased at an average price of €7.1827 per share. The total consideration of the repurchase was €6,859,461.36.
Allfunds intends to repurchase ordinary shares up to a value of €10 million on Euronext Amsterdam. The total number of shares repurchased under this programme to date is 1,251,134 ordinary shares for a total consideration of €9,109,422.33. To date approximately 91.09% of the maximum total value of the share buyback programme has been completed.
The buyback is implemented pursuant to the authority granted by the shareholders of Allfunds at its annual general meeting held on 21 April 2022 and is executed within the parameters prescribed by Regulation (EU) 596/2014 on market abuse and the safe harbour parameters prescribed by Commission Delegated Regulation (EU) 2016/1052 for share buybacks.
For detailed information on the individual share purchase transactions, see the Allfunds investor website at: https://investors.allfunds.com/share_info#share_programme.
This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of Commission Delegated Regulation (EU) 2016/1052.
For media enquiries:
Head of Marketing and Communications
+34 91 274 64 00
For investor enquiries:
Allfunds Group Investor Relations
+34 91 274 64 00