KBC: share buybacks have started – 08/22/2023 at 16:13


(CercleFinance.com) – KBC announced on Tuesday that it had bought back more than 30 million euros of its own shares between August 11 and 18, as part of the recent implementation of its share buyback program. actions.

In a financial notice, the Belgian financial group indicates that it has acquired 470,265 shares at prices ranging from 61.74 to 65.50 euros during these six trading sessions.

The bank-insurer had announced, on the occasion of its half-year results, the launch of a share buyback program in order to distribute its excess capital, for an amount of 1.3 billion euros.

This program is due to end at the end of July 2024.



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