PostNL has repurchased 861,668 of its common shares in the period from 15 March 2022 up to and including 21 March 2022. The shares were repurchased at an average price of €3.65 per share. The consideration of this period’s repurchase was €3.1 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 3,615,598 common shares for a total consideration of €12.9 million.

Source: PostNL