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United States : Boskalis update on share buyback program.

In the period from 3 November up to and including 7 November, Royal Boskalis Westminster N.V. (Boskalis) repurchased 82,114 of its own shares at an average price of EUR 41.7810 per share for a total consideration of EUR 3.43 million.

The repurchases took place within the framework of the share buyback program which was announced on 14 August. Boskalis intends to repurchase up to 10 million of its own shares in the next two and a half years, subject to the development of results and maintaining the desired balance sheet ratios. A total of 629,123 shares have been repurchased under the program to date for a total consideration of EUR 25.64 million.

During the program Boskalis will publish a weekly update every Monday provided that shares were bought back in the preceding week. Interested parties can subscribe to receive these press releases by sending an email to ir@boskalis.com. Individual weekly press releases are available upon request through this same email address.

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Publication:Mena Report
Date:Nov 11, 2014
Words:181
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