PostNL share buyback update 23 May 2022

The Hague, the Netherlands, 24 May 2022 – PostNL has repurchased 8,024,732 of its common shares in the period from 17 May 2022 up to and including 23 May 2022. The shares were repurchased at an average price of €2.98 per share. The consideration of this period’s repurchase was €23.9 million.

These repurchases were made as part of the share buyback programme with a value of maximum €250 million announced on 25 January 2022. The execution of the first tranche of the programme, of between €160 million and €170 million, has started on 1 March 2022 and is expected to be completed no later than October 2022. 

The total number of shares repurchased under this programme to date is 48,792,536 common shares for a total consideration of €152.3 million. 

Download the share buyback transactions excel sheet for detailed individual transaction information from https://www.postnl.nl/en/about-postnl/investors/shares/share-buyback-programme/.

This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of the EU Regulation that contains technical standards for buyback programs.