Dutch fish feed company Nutreco has finished the portion of its share buy-back program it issued to its employees as of 20 June.
The company first announced the program on 12 June. 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. This ends the portion of the program covering employee share plans.
The portion of the program covering future stock dividends will continue and will end ultimately on 31 December 2014 unless the overall maximum number of 1.4 million shares has been repurchased prior to that date.
