Share buyback

On 20 March 2024, Fugro announced a share buyback programme for the repurchase of 2 million of its own ordinary shares to meet obligations under its employee share programmes.

The programme started on 20 March and is expected to be completed around 30 May 2024, or sooner if the maximum number of repurchased shares is reached earlier.

Progress report

Below you can find a detailed progress report in Excel, which is updated weekly.

Excel file

Buyback report - as of 9 April 2024

The programme is executed under the terms of an engagement letter with a third party in compliance with the safe harbor provisions for share repurchases. Accordingly, transactions may be carried out during closed periods. The programme will also be executed in compliance with applicable rules and regulations, including the Market Abuse Regulation 596/2014 and the Commission Delegated Regulation (EU) 2016/1052. It is carried out under the authority granted by the annual general meeting of shareholders on 26 April 2023, valid until 26 October 2024 (inclusive) and, if adopted and per that date, under the continued authority to be granted in the annual general meeting of shareholders to be held on 25 April 2024.

The naming ceremony for the Fugro Quest

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