Syensqo - Acquisition of own shares
November 18 2024 - 11:45AM
UK Regulatory
Syensqo - Acquisition of own shares
Acquisition of own shares
Brussels, Belgium – November 18, 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 first tranche started 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). The Company intends to cancel all shares acquired through
this first tranche.
In the framework of its first tranche, Syensqo
announces that it has repurchased 224,973 Syensqo shares in the
period from 11 November up to and including 15 November 2024, as
follows:
Date of purchase |
Market / MTF |
Number of shares |
Average price paid (€) |
Total (€) |
Lowest price paid (€) |
Highest price paid (€) |
11-Nov-24 |
AQEU |
2,237.00 |
79.01 |
176,738.44 |
78.36 |
79.39 |
11-Nov-24 |
CEUX |
17,623.00 |
79.04 |
1,392,856.71 |
78.25 |
79.41 |
11-Nov-24 |
XBRU |
27,113.00 |
78.96 |
2,140,780.12 |
78.20 |
79.44 |
12-Nov-24 |
AQEU |
2,376.00 |
77.28 |
183,614.67 |
75.97 |
78.38 |
12-Nov-24 |
CEUX |
17,541.00 |
77.15 |
1,353,277.63 |
75.66 |
78.38 |
12-Nov-24 |
XBRU |
44,083.00 |
77.04 |
3,396,092.60 |
75.50 |
78.38 |
13-Nov-24 |
AQEU |
2,555.00 |
75.78 |
193,609.47 |
75.42 |
76.14 |
13-Nov-24 |
CEUX |
17,511.00 |
75.78 |
1,327,069.38 |
75.27 |
76.19 |
13-Nov-24 |
XBRU |
43,934.00 |
75.76 |
3,328,457.41 |
75.25 |
76.15 |
14-Nov-24 |
AQEU |
1,059.00 |
75.82 |
80,292.53 |
75.32 |
76.43 |
14-Nov-24 |
CEUX |
6,690.00 |
75.88 |
507,611.11 |
75.12 |
76.68 |
14-Nov-24 |
XBRU |
17,251.00 |
75.74 |
1,306,651.12 |
75.16 |
76.73 |
15-Nov-24 |
AQEU |
1,267.00 |
74.08 |
93,865.06 |
73.51 |
74.70 |
15-Nov-24 |
CEUX |
5,788.00 |
74.21 |
429,540.21 |
73.47 |
74.88 |
15-Nov-24 |
XBRU |
17,945.00 |
74.27 |
1,332,796.68 |
73.44 |
74.81 |
Total |
224,973 |
|
17,243.253 |
|
|
As of November 15, 2024, the Company held a
total of 2,079,345 own shares, spread out as follows:
- 444,973 Syensqo shares in the
framework of the €300 million Share Buyback Program that started on
November 5, 2024;
- 983,000 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 |
Media |
Sherief Bakr
+44 7920 575 989
Bisser Alexandrov
+33 607 635 280
investor.relations@syensqo.com |
Perrine Marchal
+32 478 32 62 72
Laetitia Schreiber
+32 487 74 38 07
media.relations@syensqo.com |
|
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
- Subscribe to
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