Finalisation of Fugro’s share repurchase programme
Published
16 Jan 2025 7:00 PM CET
Location
Leidschendam, the Netherlands
Fugro has successfully completed its EUR 50 million share repurchase programme, initially announced on 18 November 2024, reinforcing its commitment to shareholder value and financial optimisation.
The total number of shares repurchased under this programme, between 18 November 2024 and 16 January 2025, a total of 2,968,649 shares were acquired for a consideration of EUR 50 million. These shares are intended to be cancelled, pending approval by the general meeting of shareholders scheduled for 25 April 2025.
Following the cancellation, the total number of outstanding shares will be reduced to 112,730,967. Of these, 2,239,948 are treasury shares. Treasury shares do not carry voting rights and are not eligible for dividend payments.
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