AkzoNobel share repurchase (March 6, 2017 – March 10, 2017)

AkzoNobel has repurchased 65,000 of its own ordinary shares in the period from March 6, 2017 up to and including March 10, 2017, at an average price of €68.51 per share. The consideration of the repurchase was €4.26 million.

This is part of a repurchase program announced on December 12, 2016. The total number of shares repurchased under this program to date is 1.58 million ordinary shares for a total consideration of €98.86 million.

The purpose of the program is to neutralize the dilutive effect of stock dividends paid in 2016. 

For more information, visit the Share buyback overview