DEME launches new share buyback program

Dredging

Based on the shareholder authorization granted by the Extraordinary General Meeting of May 21, 2025, the Board of Directors of DEME Group NV has decided to launch a new share buyback program.

photo courtesy of DEME

According to their official announcement, DEME intends to acquire up to 31,500 shares to cover the company’s obligations under the stock option plan as part of its senior management incentive plan.

The company currently holds 85,000 treasury shares allocated to this plan. The program will be effective from April 2, 2026, and is expected to be completed by August 31, 2026, at the latest.

DEME has mandated an independent broker to execute the program on its behalf on the regulated market of Euronext Brussels.

The buyback program will be carried out in accordance with the ‘safe harbor’ procedure provided by Regulation (EU) No 596/2014 of April 16, 2014, on market abuse (Market Abuse Regulation) and Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016, supplementing the Market Abuse Regulation.