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Update of the KBC Group share buyback program

Stock price chart of KBC (EBR:KBC) showing fluctuations.

Brussels, May 7, 2024 – KBC Group SA has revealed details of recent transactions carried out as part of its share buyback program, previously announced on August 10, 2023. The operations took place on the regulated market of Euronext Brussels , covering the period from April 29 to May 3, 2024. During this period, KBC purchased a total of 293,000 shares for an overall expenditure of 20,435,328 euros.

The stock saw its price fluctuate during this period, with an average purchase price which rose from 69.23 euros on April 29 to 70.07 euros on May 3. The volume of own shares held by KBC reached 15,424,378 units at the end of these operations, representing a total value of 923,770,787 euros. The company continues to communicate these updates openly, in accordance with European transparency rules for listed companies.

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