dsm-firmenich completes on-market repurchase of 500,000 shares to cover share plans
dsm-firmenich completes on-market repurchase of 500,000 shares to cover share plans |
[16-April-2024] |
KAISERAUGST, Switzerland and MAASTRICHT, Netherlands, April 16, 2024 /PRNewswire/ -- dsm-firmenich today announces that it has repurchased 500,000 ordinary shares in the period from April 8, 2024 up to and including April 12, 2024 at an average price of €103.29. This is in accordance with the on-market share repurchase program announced on April 8, 2024, covering commitments under the Group's share-based compensation plans. This repurchase concludes the program to repurchase 500,000 shares for a total consideration of €51.6 million. For more detailed information see 'Daily transaction details On-Market Share Repurchase Program announced April 8, 2024'. As announced on April 8, 2024, the on-market share repurchase program is followed by a repurchase of 1,000,000 shares by means of an equity forward transaction. The forward transaction is expected to be entered into in April 2024, and dsm-firmenich expects to take delivery of the shares in 2025. For more information, please contact: dsm-firmenich investor relations enquiries: dsm-firmenich media enquiries: About dsm-firmenich Disclaimer This press release does not constitute or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. Logo - https://mma.prnewswire.com/media/2071772/dsm_firmenich_Logo.jpg View original content:https://www.prnewswire.co.uk/news-releases/dsm-firmenich-completes-on-market-repurchase-of-500-000-shares-to-cover-share-plans-302116949.html | ||
Company Codes: EuronextAmsterdam:DSFIR, ISIN:CH121647879 |