Note 24: Subsequent events
AkzoNobel has repurchased 960,000 of its own common shares in the period from January 9, 2017, up to and including February 11, 2017, at an average price of €61.98 per share. The consideration of the repurchase was €60 million. This is part of a repurchase program announced on December 12, 2016. The purpose of the program is to neutralize the dilutive effect of stock dividends paid in 2016.