Boskalis Initiates Share Buyback

Image source: Boskalis

Boskalis is starting a share buyback program to reduce the capital outstanding with the intention to neutralize the dilution resulting from the distribution of the 2016 stock dividend.

On 6 June, Boskalis issued over 3.2 million new shares as stock dividend which at that time represented a value of over EUR 100 million.

The intention is to complete the buyback program before the next General Meeting of Shareholders, the company said.

Boskalis has engaged a third party to carry out the repurchasing of shares during open and closed periods.

 

Share this article

Follow Dredging Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CEDA Dredging Days 2019

The conference is well-attended by professionals representing the entire cross-section of the dredging field…

read more >

2019 Western Dredging Association Gulf Coast Chapter Annual Meeting

The meeting will provide a forum for the exchange of information of interest to the dredging industry and its associates.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply