Euronav Share Buyback
Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today announces that the Company has purchased 192,415 of its own shares on Euronext Brussels for an aggregate price of EUR 1,528,211.
Transaction date Quantity Average price Lowest price Highest price Total price
24 June 2016 75,270 7.8714 EUR 7.714 EUR 8.000 EUR 592,480.28 EUR
27 June 2016 117,145 7.9878 EUR 7.960 EUR 8.000 EUR 935,730.83 EUR
Following these transactions, the Company now owns 1,042,415 own shares (0.65% of the total outstanding shares).
Euronav may continue to buy back its own shares opportunistically. The extent to which it does and the timing of these purchases, will depend upon a variety of factors, including market conditions, regulatory requirements and other corporate considerations.