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Royal Vopak completes share buyback program 2025
GlobeNewswire News Room· 2025-07-29 05:00
Core Points - Royal Vopak has completed its share buyback program, returning EUR 100 million to shareholders as announced on 19 February 2025 [1] - A total of 2,551,949 ordinary shares, representing 2.17% of the company's outstanding shares, were repurchased at an average price of EUR 39.19 per share [2] - After the cancellation of these shares, the total number of issued outstanding shares will be 115,264,199 [2] Company Overview - Royal Vopak provides storage and infrastructure solutions for essential products, including liquids and gases for energy, chemicals for manufacturing, and edible oils for cooking [3] - The company has been a leader in fundamental transformations for over 400 years, focusing on safety, reliability, and efficiency [3] - Vopak is actively supporting the energy transition by developing infrastructure solutions for hydrogen, ammonia, CO₂, battery energy storage systems, and low-carbon fuels [3] - The company is listed on Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands [3]