Royal Vopak NV

Royal Vopak completes share buyback program 2024

Royal Vopak completes share buyback program 2024

Royal Vopak completes share buyback program 2024





10 December 2024, Rotterdam, the Netherlands 



Today, Vopak announces the completion of its share buyback program to return EUR 300 million to shareholders as announced on February 14, 2024.



In the period from February 14, 2024 up to and including December 9, 2024, a total of 7,924,438 ordinary shares, 6.30% of the company’s outstanding shares, were repurchased, at an average price of EUR 37.86 per share. After cancellation the total number of issued outstanding shares will amount to 117,816,148.





Detailed information including all individual transactions can be found on this page on our website .





About Royal Vopak

Royal Vopak helps the world flow forward. At ports around the world, we provide storage and infrastructure solutions for vital products that enrich everyday life. These products include liquids and gases that provide energy for homes and businesses, chemicals for manufacturing products, and edible oils for cooking. For all of these, our worldwide network of terminals supports the global flow of supply and demand. For more than 400 years, Vopak has been at the forefront of fundamental transformations. With a focus on safety, reliability, and efficiency, we create new connections and opportunities that drive progress. Now more than ever, our talented

people are applying this mindset to support the energy transition. Together with our partners and customers, we are accelerating the development of infrastructure solutions for hydrogen, ammonia, CO₂, long-duration energy storage, and low-carbon fuels & feedstocks – paving the way to a more sustainable future. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands. For more information, please visit  





For more information please contact:



Vopak Press: Liesbeth Lans - Manager External Communication -  

Vopak Analysts and Investors: Fatjona Topciu - Head of Investor Relations-



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EN
10/12/2024

Reports on Royal Vopak NV

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Ageas: Upgrading net op. result FY26 target to >€1.5bn from €1.35bn in FY25 as M&A starts contributing / CFE: Strong 2H, flips to net cash and outlook better / Deceuninck: FY25 results in line with expectations, Türkiye a tad better / GBL: Exits Umicore fully / Vopak: Five-year SBB programme announced / Wolters Kluwer: 2025 roughly in line, good 2026 outlook

Kristof Samoy ... (+4)
  • Kristof Samoy
  • Livio Luyten
  • Thomas Couvreur
  • Wim Hoste
Kristof Samoy
  • Kristof Samoy

Vopak 4Q25 in line, upgrade in cash return policy, LT OCR target upped

In line proportional EBITDA performance. Proposed cash returns (€1.8 dps) and €100m SBB exceed our expectations. Company upgrades LT OCR targets and LT cash distribution policy announcing €1.7bn returns by 2030. Proportional EBITDA26 guidance of €1150-1200m is in line with our €1187mE but a tad below €1207m CSS. Amidst all geopolitical uncertainties the report underlines the defensiveness & visibility of the business model and this amidst unfavourable FX dynamics. Buy and €50 TP reiterated.

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