Boskalis Completes EUR 100M Share Buyback Program

Source: www.gulfoilandgas.com 9/16/2021, Location: Europe

Royal Boskalis Westminster N.V. (Boskalis) announces the completion of its EUR 100 million share buyback program. During the program, a total number of 4,742,928 shares were repurchased at an average price of EUR 21.08 per share.

The program commenced on 18 March 2019 and was completed on 15 September 2021 including a temporary suspension in 2020 due to COVID-19 related uncertainties during that period.

The buyback program was aimed at reducing the issued share capital. The current issued share capital of Boskalis consists of 130,277,832 ordinary shares of which 952,934 is treasury stock held by the company.


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