Brief: Vopak Ups Operating Cash Return Ambition To Above 13%

Koninklijke Vopak NV

13/03/2025 06:52

March 13 (Reuters) - Koninklijke Vopak NV VOPA.AS:

INCREASES ITS OPERATING CASH RETURN AMBITION TO ABOVE 13%

INCREASES ITS AMBITION TO GROW IN GAS AND INDUSTRIAL INFRASTRUCTURE BY AN ADDITIONAL EUR 1 BILLION, REACHING A TOTAL OF EUR 2 BILLION

CONFIRMS ITS AMBITION TO ALLOCATE EUR 1 BILLION IN ENERGY TRANSITION INFRASTRUCTURE

AIMS TO KEEP A PROPORTIONAL LEVERAGE RATIO OF 2.5-3.0X

REMAINS COMMITTED TO DELIVER ATTRACTIVE SHAREHOLDER RETURNS VIA A PROGRESSIVE DIVIDEND POLICY AND EVALUATE A SHARE BUYBACK PROGRAM ON AN ANNUAL BASIS

Source text: ID:nGNE1TjxLG

Further company coverage: VOPA.AS

 (Gdansk Newsroom)

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