Share Buyback
2023 SHARE BUYBACK PROGRAM OF UP TO €50 MILLION
On 30 October 2023, TomTom (TOM2) announced a share buyback program to repurchase shares for an amount up to €50 million. TomTom intends to cancel all shares purchased as part of the program, subject to shareholder approval.
The share buyback program will run until the amount of €50 million has been repurchased, ending on 31 October 2024 at the latest.
The program will be executed by an intermediary to allow for share buybacks in the open market during both open and closed periods. The program will be executed within the limits of relevant laws and regulations, and the existing authority granted by the General Meeting of shareholders.
DAILY TRANSACTION DETAILS
Weekly Summary
| Period | Total shares repurchased | Average purchase price | Total consideration |
|---|---|---|---|
| 30 October - 03 November 2023 | 558,637 | €5.7013 | €3,184,945 |
| 06 - 10 November 2023 | 422,211 | €5.9802 | €2,524,901 |
| 13 - 17 November 2023 | 202,403 | €6.1856 | €1,251,981 |
| 20 - 24 November 2023 | 206,160 | €6.2425 | €1,286,962 |
| 27 November - 01 December 2023 | 141,591 | €6.1186 | €866,342 |
| 04 - 08 December 2023 | 103,518 | €6.1712 | €638,827 |
| 11 - 15 December 2023 | 151,967 | €6.2198 | €945,208 |
| 18 - 22 December 2023 | 65,011 | €6.3222 | €411,014 |
| 27 - 29 December 2023 | 24,376 | €6.4791 | €157,934 |
| 02 - 05 January 2024 | 20,000 | €6.1251 | €122,503 |
| 08 - 12 January 2024 | 250,000 | €6.3402 | €1,585,050 |
| 15 - 19 January 2024 | 250,000 | €6.1654 | €1,541,350 |
| 22 - 26 January 2024 | 250,000 | €6.4532 | €1,613,300 |
| 29 January - 02 February 2024 | 250,000 | €6.4946 | €1,623,650 |
| 05 - 09 February 2024 | 200,000 | €7.4193 | €1,483,850 |
| 12 - 16 February 2024 | 250,000 | €7.6502 | €1,912,550 |
| 19 - 23 February 2024 | 250,000 | €7.5340 | €1,883,500 |
| 26 February - 01 March 2024 | 250,000 | €7.4590 | €1,864,750 |
| 04 - 08 March 2024 | 250,000 | €7.2360 | €1,809,000 |
| 11 - 15 March 2024 | 250,000 | €7.2722 | €1,818,050 |
| 18 - 22 March 2024 | 250,000 | €7.2642 | €1,816,050 |
| 25 - 28 March 2024 | 200,000 | €7.3800 | €1,476,000 |
| 02 - 05 April 2024 | 200,000 | €7.4443 | €1,488,850 |
| 08 - 12 April 2024 | 250,000 | €7.5338 | €1,883,450 |
| Subtotal | 5,245,874 | €6.7081 | €35,190,017 |
2020/2021 SHARE BUYBACK PROGRAM OF UP TO €50 MILLION
On 2 March 2020, TomTom (TOM2) announced the start of a share buyback program to repurchase ordinary TomTom shares on Euronext Amsterdam for an amount up to €50 million. The program was suspended on 31 March 2020, in light of the COVID-19 pandemic. The program was resumed on 15 February 2021 and completed on 27 May 2021.
Under this program, a total of 6,687,092 ordinary TomTom shares were repurchased at an average price of €7.48 per share, for a total consideration of € 50 million. TomTom will use the shares to cover its commitments arising from its long-term employee incentive plans.
DAILY TRANSACTION DETAILS
Weekly Summary
| Period | Total shares repurchased | Average purchase price | Total consideration |
|---|---|---|---|
| 02 - 06 March 2020 | 278,678 | €8.974192 | €2,500,910 |
| 09 - 13 March 2020 | 373,093 | €7.640548 | €2,850,635 |
| 16 - 20 March 2020 | 499,750 | €6.352371 | €3,174,597 |
| 23 - 30 March 2020 | 1,202,912 | €6.686032 | €8,042,708 |
| 15 - 19 February 2021 | 366,672 | €7.943693 | €2,912,729 |
| 22 - 26 February 2021 | 459,250 | €7.700300 | €3,536,349 |
| 01 - 05 March 2021 | 450,785 | €7.670000 | €3,457,518 |
| 08 - 12 March 2021 | 299,299 | €7.895800 | €2,363,204 |
| 15 - 19 March 2021 | 275,635 | €7.938600 | €2,188,158 |
| 22 - 26 March 2021 | 238,373 | €7,805700 | €1,855,959 |
| 29 March - 01 April 2021 | 152,035 | €7.861600 | €1,195,234 |
| 06 - 09 April 2021 | 185,188 | €8.230100 | €1,524,120 |
| 12 - 16 April 2021 | 312,995 | €8,185400 | €2,561,978 |
| 19 - 23 April 2021 | 265,044 | €7.908700 | €2,096,163 |
| 26 - 30 April 2021 | 218,563 | €7.739100 | €1,691,484 |
| 03 - 07 May 2021 | 363,971 | €7.262400 | €2,643,305 |
| 10 - 14 May 2021 | 285,903 | €7.060400 | €2,018,590 |
| 17 - 21 May 2021 | 256,866 | €7.250700 | €1,862,460 |
| 24 - 27 May 2021 | 202,080 | €7.541100 | €1,523,899 |
| Total | 6,687,092 | €7.477100 | €50,000,000 |
2017 SHARE BUYBACK PROGRAM OF UP TO €50 MILLION
On 19 September 2017, TomTom (TOM2) announced the start of its share buyback program to repurchase ordinary TomTom shares on Euronext Amsterdam for an amount up to €50 million. This program was completed on 8 December 2017.
Under this program, 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.
DAILY TRANSACTION DETAILS
Weekly Summary
| Period | Total shares repurchased | Average purchase price | Total consideration |
|---|---|---|---|
| 19 - 22 September 2017 | 214,247 | €9.263726 | €1,984,725 |
| 25 - 29 September 2017 | 449,550 | €9.189337 | €4,131,067 |
| 02 - 06 October 2017 | 255,950 | €9.351742 | €2,393,578 |
| 09 - 13 October 2017 | 327,975 | €9.338551 | €3,062,811 |
| 16 - 20 October 2017 | 498,500 | €9.199829 | €4,586,115 |
| 23 - 27 October 2017 | 293,777 | €9.612392 | €2,823,900 |
| 30 October - 03 November 2017 | 261,490 | €9.800255 | €2,562,669 |
| 06 - 10 November 2017 | 471,000 | €9.605984 | €4,524,418 |
| 13 -17 November 2017 | 631,054 | €9.163276 | €5,782,522 |
| 20 - 24 November 2017 | 526,264 | €9.212072 | €4,847,982 |
| 27 November - 01 December 2017 | 726,000 | €9.120238 | €6,621,293 |
| 04 - 08 December 2017 | 728,643 | €8.892185 | €6,479,228 |
| Total | 5,384,450 | €9.248913 | €49,800,307 |
PRESS RELEASES
Please visit our press releases page for all press releases related to both share buyback programs.
This website contains information which is to be made publicly available under the Market Abuse Regulation (EU) No 596/2014.