Press Release


TNT completes euro 100 million tranche of its share buyback programme

Publish Date : 18 February 2008 at 08:30 CET - Amsterdam, Further to the share buyback programme announced on 30 July 2007, the completion of a first euro 200 million tranche on 4 January 2008, and a second euro 100 million tranche announced on 7 January 2008, TNT N.V. announces that this second euro 100 million tranche was completed on 15 February 2008:

2007 Q4 results

  • on 11 February 2008, it purchased 247,795 TNT N.V. ordinary shares at an average price of euro 26.2968 per share,
  • on 12 February 2008, it purchased 112,500 TNT N.V. ordinary shares at an average price of euro 26.5691 per share,
  • on 13 February 2008, it purchased 161,000 TNT N.V. ordinary shares at an average price of euro 27.3839 per share,
  • on 14 February 2008, it purchased 550,000 TNT N.V. ordinary shares at an average price of euro 27.8361 per share,
  • on 15 February 2008, it purchased 28,174 TNT N.V. ordinary shares at an average price of euro 27.5466 per share,
  • during the period from 7 January 2008 until and including 15 February 2008, it purchased 3,849,210 TNT N.V. ordinary shares at an average price of euro 25.9794 per share, and
  • as the total amount of the share buyback until and including 15 February 2008 therefore amounts to the announced maximum of euro 100 million, a second tranche of this share buyback programme has been completed.

TNT's issued share capital currently consists of 379,224,255 ordinary shares. This number includes the 11,034,904 shares repurchased as part of the above-mentioned first and second tranche, which TNT intends to cancel taking into account applicable regulations as stipulated by law and the articles of association.

About TNT
TNT 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 more than 161,500 people. Over 2007, TNT reported €11 billion in revenues and an operating income of €1,192 million. TNT is publicly listed on the stock exchange of Amsterdam. TNT recognizes its social responsibility, and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world.

Page publication date: 18 February 2008 at 08:30 CET