Syensqo - Acquisition of own shares
16 Dicembre 2024 - 5:45PM
UK Regulatory
Syensqo - Acquisition of own shares
Acquisition of own shares
Brussels, Belgium – December 16, 2024 - 17:45
CET
In accordance with article 7:215 of the Belgian
Code of Companies and Associations, Syensqo SA (“Syensqo” or the
“Company”) announces that pursuant to its new Share Buyback Program
(or the “Program”) announced on September 30, 2024, covering up to
€300 million, the Company launches the first tranche of this
Program.
This second phase began on December 04, 2024 and
will run until February 26, 2025 at the latest, and will cover a
maximum amount of up to €50 million (of the €300 million Program).
The Company intends to cancel all shares acquired through this
first tranche.
In the framework of its second tranche, Syensqo
announces that it has repurchased 70,000 Syensqo shares in the
period from 09 December up to and including 13 December 2024, as
follows:
Date of purchase |
Market / MTF |
Number of shares |
Average price paid (€) |
Total (€) |
Lowest price paid (€) |
Highest price paid (€) |
09-Dec-24 |
AQEU |
465.00 |
76.11 |
35,392.13 |
75.48 |
76.67 |
09-Dec-24 |
CEUX |
2,173.00 |
76.56 |
166,355.97 |
75.44 |
76.82 |
09-Dec-24 |
XBRU |
7,362.00 |
76.42 |
562,606.25 |
75.42 |
76.83 |
10-Dec-24 |
XBRU |
10,000.00 |
76.69 |
766,852.00 |
75.50 |
77.58 |
11-Dec-24 |
XBRU |
20,000.00 |
77.46 |
1,549,124.00 |
76.24 |
78.42 |
12-Dec-24 |
XBRU |
20,000.00 |
77.57 |
1,551,362.00 |
77.27 |
78.11 |
13-Dec-24 |
CEUX |
1,860.00 |
75.60 |
140,624.74 |
75.18 |
77.03 |
13-Dec-24 |
XBRU |
8,140.00 |
75.82 |
617,145.50 |
75.17 |
77.06 |
Total |
70,000 |
|
5,389,463 |
|
|
As of December 13, 2024, the Company held a
total of 1,709,830 own shares, spread out as follows:
- 130,000 Syensqo shares in the
framework of the second tranche of the €300 million Share Buyback
Program that started on November 5, 2024;
- 928,458 Syensqo shares in the
framework of the LTIP Share Buyback Program that ended on October
23, 2024;
- 651,372 Syensqo shares by Syensqo
Stock Option Management SRL (“SSOM”), a wholly owned indirect
subsidiary of the Company.
Contacts
Investors & Analysts
investor.relations@syensqo.com |
Media
media.relations@syensqo.com |
Sherief Bakr
Bisser Alexandrov
Loïc Flament |
+44 7920 575 989
+33 607 635 280
+32 478 69 74 20 |
Perrine Marchal
Laetitia Schreiber |
+32 478 32 62 72
+32 487 74 38 07 |
Safe harbor
This press release may contain forward-looking
information. Forward-looking statements describe expectations,
plans, strategies, goals, future events or intentions. The
achievement of forward-looking statements contained in this press
release is subject to risks and uncertainties relating to a number
of factors, including general economic factors, interest rate and
foreign currency exchange rate fluctuations, changing market
conditions, product competition, the nature of product development,
impact of acquisitions and divestitures, restructurings, products
withdrawals, regulatory approval processes, all-in scenario of
R&I projects and other unusual items. Consequently, actual
results or future events may differ materially from those expressed
or implied by such forward-looking statements. Should known or
unknown risks or uncertainties materialize, or should our
assumptions prove inaccurate, actual results could vary materially
from those anticipated. The Company undertakes no obligation to
publicly update or revise any forward-looking statements.
About Syensqo
Syensqo is a science company developing
groundbreaking solutions that enhance the way we live, work, travel
and play. Inspired by the scientific councils which Ernest Solvay
initiated in 1911, we bring great minds together to push the limits
of science and innovation for the benefit of our customers, with a
diverse, global team of more than 13,000 associates.
Our solutions contribute to safer, cleaner, and more sustainable
products found in homes, food and consumer goods, planes, cars,
batteries, smart devices and health care applications. Our
innovation power enables us to deliver on the ambition of a
circular economy and explore breakthrough technologies that advance
humanity.
Investor Relations sources
- Earnings materials
- Strategy
- Share information
- Credit information
- Separation documents
- Webcasts, podcasts and
presentations
- 2023 Annual Integrated
Report
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