Share Buyback Overview
Share buyback totaling€1,437 million in 2008
In 2008, AkzoNobel bought back 31,746,972 shares totaling €1,437 million at an average price of €45.26 per share, corresponding to 12.1 percent of its share capital. The total number of outstanding shares on December 31, 2008, following the deduction of 31,746,972 shares that were bought back and canceled, was 231,664,187. Based on a year-end share price of €29.44, the market capitalization was €6.8 billion.
The share buyback program has been cancelled as per year-end 2008.