Ordina vlaggen

Ordina reports progress of share buy-back 23 May 2022

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.

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