Press Release


TNT N.V. - Buyback of ordinary shares / Proposed cancellation

Publish Date : 14 April 2006 at 08:30 CET - Amsterdam, April 14, 2006 - Further to the share buyback program announced on 6 December 2005, TNT N.V. announces that:

  • on April 13, 2006, it purchased 410,000 TNT N.V. ordinary shares at an average price of euro 28.6873 per share,
  • during the period from December 6, 2005 until and including April 13, 2006, it purchased 36,221,625 TNT N.V. ordinary shares at an average price of euro 27.1565 per share,
  • the total amount of the share buyback until and including April 13, 2006 therefore amounts to 98.4% of the announced euro 1 billion, and
  • in accordance with Article 16 of the Articles of Association, the Board of Management proposes, with approval of the Supervisory Board, that the General Meeting of Shareholders, to be held on Thursday 20 April, 2006, resolves to reduce the issued capital through cancellation of 36,221,625 TNT N.V. ordinary shares repurchased in respect of the share buyback program.

TNT N.V. provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximize its network performance. TNT serves more than 200 countries and employs over 128,000 people (over 163,500 people including the division Logistics which is intended to be divested). For 2005 the company reported € 10.1 billion in revenues (€ 13.6 billion including Logistics). TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, and Frankfurt. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environmental Programme to fight hunger and pollution in the world.

Page publication date: 14 April 2006 at 08:30 CET