Boskalis Shareholders Elect Stock Dividend
- Business & Finance
Royal Boskalis Westminster N.V. (Boskalis) announced today that 75.70 percent of the shareholders has elected a stock dividend distributed in the form of ordinary shares. As a result, the stock dividend will amount to 3,318,365 shares.
For the stock dividend, Boskalis will issue 2,689,242 new ordinary shares today.
The remaining 629,123 shares were repurchased last year through the share buyback program and these shares will be used for the stock dividend.
Under the rules of Euronext Rulebook Book I, the newly issues shares will be admitted to trading on Euronext Amsterdam.
The admission will take place today on 9 June 2015.
With the admission, the total number of the ordinary shares of Boskalis is 125,627,062.