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Update on KBC Group's Share Buyback Activities

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

KBC Group NV reported recent transactions under its share buyback program on Euronext Brussels. Between May 6, 2024, and May 10, 2024, the firm executed several buyback transactions. Notable details include the purchase of 70,000 shares at an average price of €70.16 on May 6 and 71,000 shares at an average of €71.37 on May 10. Prices during this period ranged from a low of €69.82 to a high of €71.70.

By the conclusion of these transactions, KBC Group NV's total holdings of its own shares reached 15,781,378, having spent approximately €949 million under the current buyback plan since its announcement on August 10, 2023. This operation forms part of a strategic effort to manage the company’s share capital effectively.

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