Royal KPN N.V. Press Release: KPN reports on progress of € 300m share buyback

KPN reports on progress of € 300m share buyback

KPN has repurchased 1,000,000 KPN ordinary shares in the period from 7 to 11 March 2022. The shares were repurchased at an average price of € 2.96 per share for a total consideration of € 3.0m. These repurchases were made as part of the € 300m share buyback started on 17 February 2022 and are part of KPN's commitment to structurally return additional capital to its shareholders.

The total number of ordinary shares repurchased to date is 3,400,000 for a total consideration of  € 10.3m.

Transaction details of the share buyback are available on our website.

For more information: KPN Royal Dutch Telecom Investor Relations Wilhelminakade 123 3072 AP Rotterdam

E-mail: ir@kpn.com