TOMTOM SHARE BUYBACK PROGRAMME OF UP TO €50 MILLION
On 19 September 2017, TomTom (TOM2) announced the start of its share buyback programme to repurchase ordinary TomTom shares on Euronext Amsterdam for an amount up to €50 million. This programme was completed on 8 December 2017.
Under this programme, a total of 5,384,450 ordinary TomTom shares were repurchased at an average price of €9.25 per share, for a total consideration of € 49.8 million. TomTom will use the shares to cover its commitments arising from its stock option and share plans.