The Board of Directors of Hunter Douglas NV (ENXTAM:HDG) authorized a share repurchase program on June 27, 2011. Under the program, the company will repurchase up to 500,000 common shares. The maximum price to be paid for the shares will be 110% of the average closing price of the last five preceding trading days on NYSE Euronext in Amsterdam. The share purchases will qualify as free of Withholding Tax under the Dutch Dividend Tax Act as a transitory purchase of shares to cover stock options. Repurchases will be done during the rest of the year on the market depending on the market conditions. Till December 31, 2011, the company has repurchased 270,078 shares for €7.84 million.

Hunter Douglas completed its share repurchase program on October 17, 2012. Under the plan, the company has repurchased 500,000 shares for €15.13 million.