7 January 2016 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy firm for natural and built assets, today announced the commencement of a share buyback program over the next 6 months to repurchase up to 1 million shares in order to cover obligations resulting from Arcadis share plans and other agreements related to recruitment and retention. Arcadis will hold the repurchased shares as treasury shares until they are distributed to participants.
Like its 2015 program, Arcadis' share buyback program will be executed within the parameters of the safe harbour for buyback programs provided by Commission Regulation (EC) No 2273/2003 and in compliance with applicable laws and regulations, as well as within the limitations of the authorities granted by the Annual General Meeting of Shareholders including but not limited to the current limitation that the repurchase price must be at most the average of the share closing price according to the Daily Official List of Euronext Amsterdam N.V. on each of the five trading days preceding the date of repurchase, increased with 10%.
Overviews of all transactions under this program will be published on Arcadis' website (https://www.arcadis.com/en/global/investors/) on a weekly basis.
For further press information, please contact:
Joost Slooten, Arcadis at +31-202011083 or outside office hours at +31-627061880 or joost.slooten@arcadis.com.
About Arcadis
Arcadis is the leading global Design & Consultancy firm for natural and built assets. Applying our deep market sector insights and collective design, consultancy, engineering, project and management services we work in partnership with our clients to deliver exceptional and sustainable outcomes throughout the lifecycle of their natural and built assets. We are 28,000 people active in over 70 countries that generate more than €3 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. www.arcadis.com. Arcadis. Improving quality of life.