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. In the period from 18 November 2020 up to and including 1 April 2021, TKH purchased a total of 623,334 depositary receipts of shares for an amount of € 25 million, by which the share buyback program is completed.

Weekly Summary Share Buyback Program

Date Total shares purchased Average price Buyback amount
18 Nov 2020 - 24 Nov 2020 25,558 € 37.678573 € 962,988.98
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
13 Jan 2021 - 19 Jan 2021 28,049 € 41.534308 € 1,164,995.79
20 Jan 2021 - 26 Jan 2021 25,500 € 40.713670 € 1,038,198.58
27 Jan 2021 - 02 Feb 2021 27,200 € 39.098929 € 1,063,490.88
03 Feb 2021 - 09 Feb 2021 29,905 € 40.384665 € 1,207,703.39
10 Feb 2021 - 16 Feb 2021 28,797 € 41.622529 € 1,198,603.98
17 Feb 2021 - 23 Feb 2021 29,950 € 41.644820 € 1,247,262.36
24 Feb 2021 - 02 Mar 2021 28,568 € 41.804706 € 1,194,276.84
03 Mar 2021 - 09 Mar 2021 29,500 € 40.774226 € 1,202,839.68
10 Mar 2021 - 16 Mar 2021 48,784 € 38.480075 € 1,877,211.97
17 Mar 2021 - 23 Mar 2021 50,496 € 39.588854 € 1,999,078.78
24 Mar 2021 - 30 Mar 2021 61,155 € 40.923779 € 2,502,693.70
31 Mar 2021 - 01 Apr 2021 3,627 € 41.062415 € 148,933.38

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