NN Group N.V. (ENXTAM:NN) commences share repurchases on June 26, 2023, under the program mandated by shareholders in the Annual General Meeting held on June 2, 2023. As per the mandate, the company will repurchase its own shares. The shares should be repurchased such that the holding of company's own shares do not exceed 10% of its issued share capital. The minimum price to be paid is par value of the share and the maximum price to be paid is 110% of the highest market price of the shares on Euronext Amsterdam on the date of the acquisition or on the preceding day of stock market trading. The authorization will be valid till December 1, 2024. As of May 5, 2023, the company had 18,477,761 treasury shares.

On June 22, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to ?235 million worth of its shares. The purpose of the program is to dilute effect of stock dividend. The program will be valid till August 25, 2023.