TKH has start a share buyback program as of 18 November 2020 worth € 25 million, with the intention to reduce the issued capital in due time. The intention is to execute the program within a period of four months, within the conditions set by the General Meeting of Shareholders. With ABN AMRO, TKH has signed a ‘Discretionary Management Agreement’ to execute the purchase of own shares during open and closed periods, independent of TKH. Progress on the program on a weekly basis is reported below.

Weekly Summary Share Buyback Program

Date Total shares purchased Average price Buyback amount
18 Nov 2020 - 24 Nov 2020 25,558 € 37.615521 € 961,377.48
25 Nov 2020 - 01 Dec 2020 34,186 € 39.517701 € 1,350,952.13
02 Dec 2020 - 08 Dec 2020 34,319 € 39.149808 € 1,343,582.26
09 Dec 2020 - 15 Dec 2020 37,500 € 39.013165 € 1,462,993.68
16 Dec 2020 - 22 Dec 2020 25,119 € 39.040391 € 980,655.58
23 Dec 2020 - 29 Dec 2020 26,220 € 39.755725 € 1,042,395.12
30 Dec 2020 - 05 Jan 2021 21,700 € 39.927559 € 866,428.02
06 Jan 2021 - 12 Jan 2021 27,201 € 42.083262 € 1,144,706.82

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