NN Group N.V. (ENXTAM:NN) announces a share repurchase program. Under the program, the company will repurchase up to ?300 million worth of its shares. The shares will be repurchased at a price that does not exceed the last independent trade or the highest current independent bid on the relevant trading platform.

The company intends to neutralize the dilutive effect of stock dividends through the repurchase of ordinary shares. The company intends to cancel any repurchased unless it is being used to cover obligations under share-based remuneration arrangements or to deliver stock dividend. The program will end on December 31, 2024.