NIEUWEGEIN, The Netherlands, December 22, 2011 /PRNewswire/ --
Ballast Nedam N.V. announces that it has finalised its share buy-back program of maximum 32,500 of its own depositary receipts, which started 28 November 2011, as of 21 December 2011. The average price amounts € 12.97.
The issued share capital of Ballast Nedam N.V. consists of 10,000,000 (depositary receipts for) shares.
After the above-mentioned share buy-back, Ballast Nedam N.V. holds in total 332,500 (depositary receipts for) shares to cover current management options obligations.
Ballast Nedam has a leading position in construction and infrastructure. The company operates mainly in the Netherlands on integrated and other projects for companies, public authorities and housing consumers, in the fields of mobility, housing, employment, leisure and energy. Ballast Nedam operates internationally in various areas of expertise. Ballast Nedam supplies project, process and contract management in the development, implementation and management phases. The company also provides specialized know-how and skills, and semi-finished and finished products. Ballast Nedam is listed on NYSE Euronext in Amsterdam. The share is included in the Amsterdam Small Cap Index. For more information please refer to http://www.ballast-nedam.com.
SOURCE Ballast Nedam NV