Further to the share buy-back programme announced on 12 June 2014, Nutreco announces that during the period from 12 June 2014 until and including 20 June 2014, Nutreco purchased 168,000 of its ordinary shares for employee stock plans at an average price of EUR 31.99 per share, for a total consideration of EUR 5.4 million. Herewith the share buy-back programme with the purpose to cover employee share plans is completed.
The share buy-back programme with the purpose to cover for future stock dividends will continue and will end ultimately on 31 December 2014 unless the overall maximum number of 1,400,000 shares has been repurchased prior to that date. In that case the programme will end on the date on which this maximum is reached and the early termination will immediately be disclosed.
END OF PRESS RELEASE
Note to the editor (not for publication)
This press release is also published in Dutch. In the event of differences, the English language version shall prevail as the authoritative version.
Driving sustainable growth
Nutreco's strategy 'Driving sustainable growth' is to grow and improve profitability by providing innovative and sustainable nutritional solutions for its customers. This will be realised by focusing on a higher value-added portfolio of nutritional solutions such as premixes, feed specialties and fish feed, and by expanding into the growth geographies of Latin America, Russia, Asia and Africa, which will see the largest increases in both production and consumption of animal protein food products.
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Experience across 100 years brings Nutreco a rich heritage of knowledge and experience for building its future. Nutreco employs approximately 10,000 people in 30 countries, with sales in 80 countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam and reported annual revenue of € 5.2 billion in 2013.
Investor and analyst enquiries
Jurgen Pullens, Director Investor Relations
T +31 (0) 33 422 6134
M +31 (0) 6 5159 9483
Mark Woldberg, Manager Corporate Communication
T +31 (0) 33 422 6178
M +31 (0) 6 1503 3036
The full press releases in English and Dutch are attached in the pdfs below.
Inkoopprogramma aandelenplannen voor eigen werknemers Nutreco afgerond
Nutreco completes share buy-back programme for employee stock plans
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Source: Nutreco via Globenewswire