TNT completes its first euro 200 million tranche and starts on the second
Further to the share buyback programme announced on 30 July 2007 and a first euro 200 million tranche execution announced on 09 November 2007, TNT N.V. announces that this first tranche was completed on 04 January 2008. Starting today TNT will engage in a second euro 100 million tranche, as announced on 06 December 2007.
– on 03 January 2008, it purchased 89,500 TNT N.V. ordinary shares at an average price of euro 27.6485 per share,
– on 04 January 2008, it purchased 62,919 TNT N.V. ordinary shares at an average price of euro 27.6776 per share,
– during the period from 12 November 2007 until and including 04 January 2008, it purchased a total of 7,185,694 TNT N.V. ordinary shares at an average price of euro 27.8331 per share, and
– as the total amount of the share buyback until and including 04 January 2008 therefore amounts to the announced maximum of euro 200 million, a first tranche of this share buyback programme has been completed.
TNT’s issued share capital currently consists of 379,224,255 ordinary shares. This number includes the 7,185,694 shares repurchased as part of the above-mentioned first tranche, which TNT intends to cancel taking into account applicable regulations as stipulated by law and the articles of association.
Further to the share buyback programme announced on 30 July 2007 and a first euro 200 million tranche execution announced on 09 November 2007, TNT N.V. announces that this first tranche was completed on 04 January 2008. Starting today TNT will engage in a second euro 100 million tranche, as announced on 06 December 2007.
– on 03 January 2008, it purchased 89,500 TNT N.V. ordinary shares at an average price of euro 27.6485 per share,
– on 04 January 2008, it purchased 62,919 TNT N.V. ordinary shares at an average price of euro 27.6776 per share,
– during the period from 12 November 2007 until and including 04 January 2008, it purchased a total of 7,185,694 TNT N.V. ordinary shares at an average price of euro 27.8331 per share, and
– as the total amount of the share buyback until and including 04 January 2008 therefore amounts to the announced maximum of euro 200 million, a first tranche of this share buyback programme has been completed.
TNT’s issued share capital currently consists of 379,224,255 ordinary shares. This number includes the 7,185,694 shares repurchased as part of the above-mentioned first tranche, which TNT intends to cancel taking into account applicable regulations as stipulated by law and the articles of association.