Ordina N.V. repurchased 279,610 of its ordinary shares in the period from 14 May 2022 through 20 May 2022. The shares were repurchased at an average price of € 4.40 per share. The amount of the repurchases over this period was € 1,229,478.
These shares were repurchased in accordance with the authorisation granted by Ordina N.V.’s General Meeting of 7 April 2022 to purchase treasury shares and the share buy-back programme with a maximum value of € 15 million announced on 17 February 2022.
Ordina started the implementation of the programme on 2 May 2022 and expects to complete the programme within three months of 2 May 2022, with the proviso that Ordina is entitled to terminate the share buy-back programme prematurely if there is a significant change in circumstances warranting such a termination.
Ordina has repurchased a total of 845,986 shares to date with a total repurchase value of € 3,699,147.
The Excel sheet with the details of all transactions can be downloaded from the Ordina website.