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Progress on EUR 1 bn share repurchase program KPN
Den Haag, 24-8-09
Further to the share repurchase program announced on 22 October 2008, KPN announces that, from 17 August to 21 August 2009, it has repurchased 1,224,047 KPN ordinary shares at an average price of EUR 10.43. To date, approximately 72% of the repurchase program has been completed. The repurchase program that started on 19 November 2008 will run through 31 December 2009.
Furthermore, KPN repurchased 1,224,045 KPN shares in the period from 17 August to 21 August 2009 to cover the obligations from its management share remuneration plan.
