NSI N.V. commences an Equity Buyback Plan for 2,005,424 shares, representing 10% of its issued share capital, under the authorization approved on April 21, 2023.

NSI N.V. (ENXTAM:NSI) commences share repurchases on March 11, 2024, under the program mandated by the shareholders in the Annual General Meeting held on April 21, 2023. As per the mandate, the company is authorized to repurchase up to 2,005,424 shares, representing 10% of the outstanding number of shares, on condition that the company may not hold more than 10% of the issued capital. Shares can be acquired for a price that lies between the nominal value of a share and 10% above the average closing price of the share calculated over five trading days prior to the day of purchase. This authorization is limited to a period of 18 months, which period can be extended at a meeting of shareholders at the request of the Management Board and Supervisory Board. As of March 10, 2023, the number of issued shares in the company is 20,054,241.

On March 7, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to ?20 million worth of its shares. The program will commence on March 11, 2024 and run until September 30, 2024.