• SYENSQO - Acquisition of own shares

    Source: Nasdaq GlobeNewswire / 01 Jul 2024 10:45:00   America/Chicago

    Acquisition of own shares 

    Brussels, Belgium – July 1, 2024 - 17:45 CEST

    In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Syensqo SA (“Syensqo” or the “Company”) hereby discloses certain information in relation to its Share Buyback Program, announced on 25 June 2024. 

    In the framework of this Share Buyback Program, covering the buyback of a maximum of 983,000 Syensqo shares, Syensqo announces that it has repurchased 90,000 Syensqo shares in the period from 25 June 2024 up to and including 28 June 2024, as follows:  

    Date of purchase Market / MTF Number of shares Average price paid (€) Total (€) Lowest price paid (€) Highest price paid (€)
    25 June 2024 MTF (Aquis) 2,208 88.22 194,791.53 87.65 89.42
    25 June 2024 MTF (CBOE DXE) 12,849 88.29 1,134,382.96 87.52 89.46
    25 June 2024 Euronext Brussels 28,940 88.33 2,556,171.80 87.51 89.46
    26 June 2024 MTF (Aquis) 1,822 89.14 162,407.07 87.28 89.84
    26 June 2024 MTF (CBOE DXE) 10,024 88.64 888,546.41 86.16 89.97
    26 June 2024 Euronext Brussels 34,157 88.41 3,019,779.38 86.01 90.04
    Total 90,000   7,956,079.14    

    As of 28 June 2024, the Company held a total of 741,372 own shares, spread out as follows:

    • 90,000 Syensqo shares in the framework of the Share Buyback Program; and
    • 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
    		 Nathalie van Ypersele
    +32 478 20 10 62

    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.

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