share buyback
As announced on 14 February 2023, Randstad has started a € 400 million share buyback program in order to reduce the capital of Randstad by cancelling all of the ordinary shares acquired through the program. This share buyback is executed in several tranches. The first tranche was announced on 25 April 2023 and executed in the period between 25 April and 24 July 2023. The second tranche was announced on 25 July 2023 and executed in the period between 25 July 2023 and 23 October 2023. The third tranche was announced on 24 October 2023 and executed in the period between 24 October 2023 and 29 December 2023. The fourth tranche was announced on 13 February 2024 and will be executed between 13 February 2024 and 22 April 2024.
In addition, Randstad has repurchased shares in the period between 24 October 2023 and 29 December 2023 as part of its intention to offset dilutive effects from the Company’s performance share plans for senior management.
A comprehensive overview of the transactions carried out under the share buyback programs, as well as the details of the transactions, are available via the links below.
Download the detailed overview of the share buyback program:
fourth tranche of Randstad share buyback program