Kendrion announces EUR 10 million share buyback program
Following the completion of the sale of its China-based business, Kendrion N.V. today announces the launch of a share buyback program for a total consideration of up to EUR 10 million and for a number of shares not exceeding 10% of the issued share capital, in accordance with the authority granted by the Annual General Meeting of Shareholders held on 14 April 2025.
The share buyback program will commence on 26 November 2025, and is expected to run until 30 September 2026, at the latest. The purpose of the program is to reduce the share capital by returning part of the proceeds from the divestment of the China-based business to the shareholders.
The share buyback program will be conducted by a financial intermediary and executed in accordance with all applicable laws and regulations, including the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014, on market abuse and its Commission Delegated Regulation (EU) No 2016/1052.
Kendrion will publish weekly updates on the progress of the buyback in the Investor Relations section of its website, in line with regulatory requirements.
Profile of Kendrion N.V.
Kendrion develops, manufactures, and markets high-quality electromagnetic systems and components for a broad range of industrial applications. For more than a century, we have engineered precision parts for the world's leading innovators in industrial technology. As a leading technology pioneer, Kendrion invents, designs, and manufactures complex components and customized systems, as well as local solutions on demand.
We are committed to the engineering challenges of tomorrow, with responsibility for how we source, manufacture and conduct business embedded in our culture of innovation. Headquartered in the Netherlands and listed on the Amsterdam stock exchange, Kendrion's expertise extends across Europe, to the Americas and Asia. Created with passion and engineered with precision.
Amsterdam, 11 November 2025
The Executive Board
For more information, please contact:
Kendrion N.V.
Mr. Joep van Beurden
Chief Executive Officer
Tel: +31 6 82 56 85 65
Email: IR@kendrion.com
