Press release: KPN reports on progress of € 300m share buyback

KPN reports on progress of € 300m share buyback

KPN has repurchased 2,000,643 KPN ordinary shares in the period from 22 May to 26 May 2023. The shares were repurchased at an average price of € 3.27 per share for a total consideration of € 6.5m. These repurchases were made as part of the € 300m share buyback started on 16 February 2023 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 79,994,474 for a total consideration of
€ 260.6m.

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