Syensqo launches the first tranche of its new Share Buyback Program
November 05 2024 - 1:10AM
UK Regulatory
Syensqo launches the first tranche of its new Share Buyback Program
Syensqo launches the first tranche of its new Share Buyback
Program
Brussels, Belgium – November 5, 2024 07:10
CET
SYENSQO SA (the “Company”) announces today 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.
The first tranche of the Program will start on
November 5, 2024 and will run until December 31, 2024 at the
latest, and will cover a maximum amount of up to € 50 million (of
the € 300 million Program).
It will be implemented under the conditions set
out in the authorization granted by the Extraordinary Shareholders’
Meeting of the Company on 8 December 2023 and carried out by a
financial intermediary in compliance with applicable rules and
regulations.
The Company intends to cancel all shares
acquired through this first tranche.
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.
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Contacts
Investors & Analysts |
|
Media |
|
Sherief Bakr
+44 7920 575 989
Loïc Flament
+32 478 69 74 20
investor.relations@syensqo.com
|
Bisser
Alexandrov
+33 607 635 280
Callie Gauzer
+1 908 642 7363
|
Perrine Marchal
+32 478 32 62 72
Laetitia Schreiber
+32 487 74 38 07
media.relations@syensqo.com
|
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