Allfunds Group plc ("Allfunds") (TICKER: ALLFG) is pleased to announce its latest update regarding the ongoing share buyback program, in line with our commitment to transparency and regulatory compliance.
Under the share buyback program, which was initially disclosed on July 28, 2023, Allfunds has successfully repurchased 568,151 of its own ordinary shares during the week of October 2, 2023, through October 6, 2023, on the Euronext Amsterdam stock exchange. These shares were acquired at an average price of €5.20 per share, resulting in a total consideration of €2,955,420.22.
As of the most recent update, the total number of shares repurchased under this program stands at 6,382,061 ordinary shares, with a cumulative total consideration of €34,281,263.23. This achievement signifies that approximately 68.56% of the maximum total value allocated for the first tranche of the share buyback program has been executed.
It's important to note that this share buyback initiative is being conducted in accordance with the authority granted by Allfunds shareholders at the annual general meeting held on May 9, 2023. Additionally, we are fully compliant with the regulatory requirements outlined in article 5 of the Market Abuse Regulation (EU) 596/2014 and Chapter II of Commission Delegated Regulation (EU) 2016/1052.
For a comprehensive breakdown of individual share purchase transactions, please refer to the Allfunds investor website, accessible at the following link: [Allfunds Investor Website](https://investors.allfunds.com/share_info#share_programme).
This press release is issued in compliance with the disclosure and reporting obligations specified in Article 2(2) of Commission Delegated Regulation (EU) 2016/1052.
Disclaimer:
Allfunds Group plc published this content on October 9, 2023, and assumes full responsibility for the information contained herein. This content is distributed as-is, without any alterations, and has not been edited or modified in any way. This release was published on October 9, 2023, at 15:49:08 UTC.
Post a Comment