• Solvay: acquisition of own shares

    Source: Nasdaq GlobeNewswire / 19 Aug 2024 11:00:00   America/Chicago

    Brussels, August 19, 2024, 6:00pm CEST  -  Regulated information

    In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Solvay SA hereby discloses certain information in relation to its Share Buyback Program, announced on August 1, 2024.

    Solvay has repurchased 161,013 Solvay shares in the period from August 12, 2024 up to and including August 16, 2024, as follows:

    Date of repurchaseNumber of sharesAverage price paidMax price paidMin price paidTotalMarket
    12-08-202488430.743331.520030.670027,177.08AQEU
    12-08-20244,79930.836731.640030.6700147,985.32CEUX
    12-08-20242,11030.781431.520030.670064,948.75TQEX
    12-08-202418,20730.961331.660030.6500563,712.39XBRU
    13-08-20241,09530.730730.960030.370033,650.12AQEU
    13-08-202415,69430.638431.000030.3900480,839.05CEUX
    13-08-20244,18530.637130.990030.3700128,216.26TQEX
    13-08-202419,02630.647231.030030.3700583,093.63XBRU
    14-08-20241,43330.240630.510030.080043,334.78AQEU
    14-08-202412,72530.283230.530030.0700385,353.72CEUX
    14-08-20244,46830.325730.540030.0800135,495.23TQEX
    14-08-202429,59030.317530.640030.0700897,094.83XBRU
    15-08-20241,82330.720130.990030.550056,002.74AQEU
    15-08-20248,42430.670330.950030.5200258,366.61CEUX
    15-08-20243,27130.771130.950030.5100100,652.27TQEX
    15-08-202413,27930.698131.010030.4800407,640.07XBRU
    16-08-202493330.890831.000030.820028,821.12AQEU
    16-08-20245,84430.937431.090030.7400180,798.17CEUX
    16-08-20242,38630.915331.060030.750073,763.91TQEX
    16-08-202410,83730.945931.110030.7400335,360.72XBRU

    As of August 16, 2024, Solvay held a total of 919,833 own shares, spread out as follows:

    • 616,904 Solvay shares held by Solvay SA; and
    • 302,929 Solvay shares held by Solvay Stock Option Management SRL (“SSOM”), a wholly owned indirect subsidiary of Solvay SA.

    Contacts

    Media relationsInvestor relations
    Peter Boelaert
    +32 479 30 91 59

     

    Laetitia Van Minnenbruggen
    +32 484 65 30 47

     

    Kimberly King
    + 1 470 464 4336

     

    media.relations@solvay.com    		Boris Cambon-Lalanne
    +32 471 55 37 49

     

    Geoffroy d’Oultremont
    +32 478 88 32 96

     

    Vincent Toussaint
    +33 6 74 87 85 65

     

    investor.relations@solvay.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 Solvay

    Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of over 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world’s most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay’s unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. As a world-leading company with €4.9 billion in net sales in 2023, Solvay is listed on Euronext Brussels and Paris (SOLB). For more information about Solvay, please visit solvay.com or follow Solvay on Linkedin.

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