On 12 February 2020, Vopak announced a share buyback program to return EUR 100 million to shareholders.
The purpose of the share buyback program is to reduce the issued capital of the company and is expected to be completed within 12 months.
The execution of the program will be done under the terms of an engagement letter with a third party, performed in compliance with the safe harbor provisions for share buybacks, allowing the execution of share purchases during open and closed periods.
Vopak will provide updates on the progress of the share buyback program through press releases with weekly transaction details on this section of the company website.
