Papendrecht, 6 April 2020
In the period from 30 March up to and including 3 April, Royal Boskalis Westminster N.V. (Boskalis) repurchased own shares. The repurchases took place within the framework of the share buyback program announced on 15 March 2019.
Click here for a complete overview of all individual transactions.
As a consequence of the global developments related to the COVID-19 (corona) virus, Boskalis announced on 2 April 2020 that numerous measures were taken to focus on cash generation and preservation, including the suspending of the share buyback program as per the 3 April close of business. As per that date, 61,60% (EUR 61,2 million) of the program had been completed.
An overview of the program progress from the start until 3 April 2020 can be found on www.boskalis.com/sharebuyback2019-2020.
FOR FURTHER INFORMATION
Martijn L.D. Schuttevâer
T +31 786969310
Royal Boskalis Westminster N.V. is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy. Boskalis is furthermore active in the construction and maintenance of ports, waterways, access channels and civil infrastructure, thus helping to facilitate trade flows and regional socio-economic development. In addition, Boskalis is a global marine salvage expert and has a number of strategic partnerships in harbor towage and terminal services (Keppel Smit Towage and Smit Lamnalco). With a versatile fleet of more than 700 vessels and floating equipment and 10,000 employees, including associates, Boskalis is creating new horizons around the world.
This press release can also be found on our website www.boskalis.com.
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