This ratio is based on the average closing price of Fugro during the last three trading days. Taking into account the mentioned ratio and the average closing price, the value of the pay out in shares is 3.08 per cent higher than the cash dividend.
About 65 percent of the shareholders have chosen to receive dividend in stock. Fugro N.V. will issue approximately 382,000 shares to pay out the stock dividend.
The dividend will be paid on June 16, 2004 at Fortis Bank, Rokin 55, Amsterdam.
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