Based on the shareholder authorisation granted by the Extraordinary General Meeting of DEME Group NV of 29 June 2022, the Board of Directors of DEME Group NV has decided to launch a share buyback program.
The company intends to acquire 45,000 shares to cover the company’s obligations under the recently implemented stock option plan as part of its senior management incentive plan.
The program will be effective from 29 April 2024 and is expected to be completed by 30 September 2024 at the latest.
Independent broker mandated
DEME has mandated an independent broker to execute the program on its behalf on the regulated market of Euronext Brussels.
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Source : Deme group
