London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

AkzoNobel repurchased its own ordinary shares in April

April 25/2019

MOSCOW (MRC) -- AkzoNobel has repurchased 653,902 of its own ordinary shares in the period from April 15, 2019 up to and including April 18, 2019, at an average price of EUR79.83 per share, said the company.

The consideration of the repurchase was EUR52.20 million.

This is part of a repurchase program announced on February 13, 2019. The total number of shares repurchased under this program to date is 6,206,769 ordinary shares for a total consideration of EUR495.20 million.

AkzoNobel intends to repurchase common shares up to a value of EUR2.5 billion as part of a total EUR6.5 billion being distributed to shareholders following the sale of the Specialty Chemicals business. The share buyback is due to be completed by the end of 2019.

In accordance with regulations, AkzoNobel will inform the market about the progress made in the execution of this program through weekly updates and on sharebuyback overview page.

As MRC informed earlier, AkzoNobel repurchased 942,782 of its own ordinary shares in the period from March 25, 2019 up to and including March 29, 2019, at an average price of EUR79.32 per share. The consideration of the repurchase was EUR74.8 million.

Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational, active in the fields of decorative paints, performance coatings and specialty chemicals. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 55,000 people.


mrcplast.com
Author:Anna Larionova
Tags:pigmentniy krasitel, construction, Akzo Nobel Functional Chemicals BV.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe