Share Repurchase Program 2021
October 28, 2021
Mechelen, February 24, 2022 – 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 2021 for an aggregate amount of €35.4 million. As the Company repurchased the maximum number of own shares authorized under the Share Repurchase Program 2021, the aforementioned share buy-back program has now been fully executed. The repurchased shares under this program will be used to cover future obligations under the Company's share incentive plans or will be cancelled to the extent the repurchased shares would exceed such obligations. The Company currently holds 5,448,369 own shares, representing 4.79% of the total number of outstanding shares.
Mechelen, December 27, 2021 – 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 4,716,304 own shares, representing 4.14% of the total number of outstanding shares.
Mechelen, December 20, 2021 – 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 4,641,587 own shares, representing 4.08% of the total number of outstanding shares.
Mechelen, December 13, 2021 – 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 4,551,570 own shares, representing 4.00% of the total number of outstanding shares.
Mechelen, December 6, 2021 – 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 4,551,441 own shares, representing 4.00% of the total number of outstanding shares.
Mechelen, November 26, 2021 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announces the start of its Share Repurchase Program 2021, as announced on October 28, 2021. The program will begin today and is intended to be terminated over a three-month period as opposed to an initially contemplated five-month period.
Mechelen, October 28, 2021 – Telenet’s board of directors firmly supports the Company’s strategy and remains committed to drive sustainable long-term shareholder value. In line with Telenet’s shareholder remuneration policy and leverage framework, the board of directors has approved a share buy-back program of up to €45.0 million, equivalent to up to 1.1 million shares. The commitment to repurchase its own shares underpins the board’s confidence in Telenet’s growth profile and the Company’s appealing intrinsic valuation. In light of today’s announcements and considering potential future M&A opportunities, the board of directors reaffirms its intention to continue to execute the €2.75 per share dividend floor (gross), as evidenced by its proposal to pay a €1.375 per share gross intermediate dividend in early December 2021.