ABN Amro Announces 500 Million Euros Share Buyback
Feb 8 (Reuters) -ABN Amro Bank NV ABNd.AS:
ABN AMRO ANNOUNCES EUR 500 MILLION SHARE BUYBACK PROGRAMME
SHARE BUYBACK PROGRAMME WILL COMMENCE ON 9 FEBRUARY 2023 AND IS EXPECTED TO END NO LATER THAN JUNE 2023
PURPOSE OF PROGRAMME IS TO REDUCE ABN AMRO'S SHARE CAPITAL
ABN AMRO REPORTS NET PROFIT OF EUR 1,876 MILLION FOR FY2022 AND ANNOUNCES SHARE BUYBACK
FINAL DIVIDEND OF EUR 0.67 PER SHARE
EUR 500 MILLION SHARE BUYBACK PROGRAMME ANNOUNCED, SUPERSEDING CONDITIONAL SHARE BUYBACK PERMISSION ANNOUNCED IN Q2
EUROPEAN ECONOMY MORE RESILIENT THAN EXPECTED BUT WE ARE CAUTIOUS AND PRUDENT BUFFERS REMAIN IN PLACE
OUR STRONG CAPITAL POSITION ENABLES US TO SUPPORT OUR CLIENTS IN THIS CHALLENGING ENVIRONMENT
Source text for Eikon: ID:nGNE25TrWy
Further company coverage: [ABNd.AS]
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