Report
Fugro Announcing €50m SBB
Fugro announced it will implement a share buyback programme for an amount of € 50m. The programme will result in a reduction of the company's share capital by cancelling all shares acquired through the repurchase programme, also offsetting dilution from the recently matured convertible bonds. A welcome announcement following the unwarranted sell off in the name. Buy and €28.5 TP reiterated.
Underlying
FUGRO NV
Provider
KBC Securities
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Kristof Samoy
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