Share Repurchase Program 2020
January 1, 2020
On February 12, 2020, Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announced a new share buy-back program of up to €55.0 million (the “Share Repurchase Program 2020”), effective as of end-February 2020. Under this program, Telenet may acquire from time to time its common stock, for a maximum of 1.1 million shares or a maximum consideration of €55.0 million, up to October 31, 2020. The share repurchases will be conducted under the terms and conditions approved by the extraordinary general shareholders’ meeting of the Company of April 24, 2019. The repurchased shares under this program will be used to cover future obligations under the Company's share option plans. Telenet will continuously monitor both its current and future obligations under such plans in view of keeping an adequate level of treasury shares with the excess subsequently earmarked for cancellation as in April and December 2019.
Brussels, March 30, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company repurchased in total 1,100,000 own shares under the Share Repurchase Program 2020 for an aggregate amount of €33.5 million at an average price of €30.43. As such, the Company fully completed is share buy-back program. The Company currently holds 5,613,142 own shares, representing 4.90% of the total number of outstanding shares.
Brussels, March 23, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,923,538 own shares, representing 4.29% of the total number of outstanding shares.
Brussels, March 16, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,740,705 own shares, representing 4.13% of the total number of outstanding shares.
Brussels, March 9, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,622,777 own shares, representing 4.03% of the total number of outstanding shares.