ForFarmers N.V.: Update on, and end of, share buy-back programme ForFarmers
February 26 2018 - 1:15AM
Lochem, 26 February 2018
Update on, and end of, share
buy-back programme ForFarmers
ForFarmers N.V. (hereinafter
'ForFarmers') has repurchased 82,196 shares in the period from 19
February 2018 through 23 February 2018. The total number of shares
that has been repurchased for the share buy-back programme is
6,363,782, for a total amount of €62.773.124 million. ForFarmers
has herewith completed the share buy-back programme.
The shares in the period 19 February 2018 through
23 February 2018 were repurchased for an average price of €9.66 per
share, for a total amount of €793,685. These repurchases were made
in accordance with the authorisation granted by the ForFarmers N.V.
Annual General Meeting of Shareholders on 26 April 2017 as part of
the share buy-back programme announced on 2 May 2017.
The share buy-back programme comprised two parts:
a) repurchasing shares to a maximum of €60 million in order to
make the balance sheet more efficient (6,062,222 shares), and b)
repurchasing shares for the employee participation plans. 301,560
shares for a total amount of €2.611.335 million have been
repurchased for the employee participation plans.
More information about the purchase programme is
available on the ForFarmers website
(www.forfarmersgroup.eu/en).
This press release contains information that
qualifies as inside information in the sense of Article 7 paragraph
1 of the EU Market Abuse Regulation.
· Download weekly report regarding progress of share buy-back
programme (including the individual transactions).
Note to the editor:
For additional
information:
Caroline
Vogelzang, Director Investor Relations and Communications
T: 0031 573 288 194, M: 0031 6 10 94
91 61, E: caroline.vogelzang@forfarmers.eu
Company profile
ForFarmers N.V. ('ForFarmers', Lochem, the Netherlands)
is an internationally operating feed company that offers total feed
solutions for conventional and organic livestock farming.
ForFarmers gives its very best "For the Future of
Farming": for the continuity of farming and for a financially
secure sector that will continue to serve society for generations
to come in a sustainable way. By working side-by-side with farmers
ForFarmers delivers real benefits: better returns, healthier
livestock and greater efficiency. This is achieved by offering
tailored and Total Feed solutions and a targeted approach with
specialist and expert support.
With sales of approximately 9.3 million tons of
feed annually, ForFarmers is market leader in Europe. ForFarmers
has 2,273 employees and production facilities in the Netherlands,
Belgium, Germany and the United Kingdom. In 2016, revenues amounted
to over €2.1 billion.
ForFarmers N.V., Postbus 91, 7240 AB Lochem, T:
+31 (0)573 28 88 00, F: +31 (0)573 28 88
99, info@forfarmers.eu,
www.forfarmersgroup.eu/en
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ForFarmers N.V. via Globenewswire
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