GlobeNewswire is an important news source that provides investors with company-related information. In particular, it deals with events that may be relevant to the listing of companies or tradable financial instruments. You can access the complete overview of all reports via this link.
The traditional annual capital increase reserved for the employees of KBC Group NV and some of its Belgian subsidiaries had, dd. 13 December 2024, the following effects on the share capital and the amount of shares/voting rights* of KBC Group NV.
Together with MRBB and Other Stable Shareholders, Cera and KBC Ancora have confirmed to extend their anchoring agreement with respect to KBC Group NV for a further term of ten years. In doing so, these shareholders will continue to ensure shareholder stability and further support the sustainable development of the KBC group. KBC has taken note of this extension of the shareholders' agreement.
KBC GROUP – 8 November 2024 – information regarding the traditional annual capital increase reserved for staff
‘We recorded a net profit of 925 million euros in the second quarter of 2024. Compared to the result for the previous quarter, our total income benefited from several factors, including higher levels of net interest income, higher net fee and commission income, solid insurance revenues and better trading & fair value income, as well as the seasonal peak in dividend income. Costs were down significantly, since the bulk of the bank and insurance taxes for the full year is always recorded in the first quarter of the year. Disregarding bank and insurance taxes, costs edged up by 1% quarter-on-quarter. Loan loss impairment charges were up on the very modest level recorded in the previous quarter, resulting in – what is still – a very low credit cost ratio of 9 basis points in the first half of 2024.
On 10 August 2023 after trading hours, KBC Group NV announced a share buyback programme. Within the framework of this programme, KBC Group NV wishes to indicate that as a result of the cumulative repurchase of its own shares, it exceeded the 5% notification threshold on 30 July 2024. The share buyback program is now complete.
Within the framework of the share buyback programme announced on 10 August 2023 after trading hours, KBC Group NV wishes to advise that the following transactions took place on Euronext Brussels’ regulated market between 29 July 2024 and 31 July 2024, included: