Arcadis NV (GB:0N6B) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Arcadis NV has initiated a share buyback program to repurchase up to 810,000 shares, aimed at fulfilling the obligations of its employee incentive plans over the next 3-4 years, with the objective of preventing shareholder dilution. The buyback, which will run from October 4, 2024, to February 4, 2025, will be conducted in the open market by an intermediary to ensure independence from the company during both open and closed periods. Price limitations are set to a minimum of the nominal share value and a maximum of 10% above the average listed share price preceding the transactions.
For further insights into GB:0N6B stock, check out TipRanks’ Stock Analysis page.