• Syensqo - Acquisition of own shares

    Source: Nasdaq GlobeNewswire / 08 Jul 2024 10:45:00   America/Chicago

    Acquisition of own shares 

    Brussels, Belgium – July 8, 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 51,548 Syensqo shares in the period from 1 July 2024 up to and including 5 July 2024, as follows: 

    Date of purchase Market / MTF Number of shares Average price paid (€) Total (€) Lowest price paid (€) Highest price paid (€)
    1 July 2024 AQEU 874 84.2270 73,614.40 83.8400 85.2000
    1 July 2024 CEUX 2,612 84.2975 220,185.07 83.8300 85.4100
    1 July 2024 XBRU 7,762 84.3274 654,549.28 83.7600 85.6500
    2 July 2024 AQEU 180 83.8980 15,101.64 83.5100 84.2900
    2 July 2024 CEUX 434 83.8398 36,386.47 83.5100 84.3000
    2 July 2024 XBRU 9,486 83.8846 795,729.32 82.9700 84.8300
    3 July 2024 AQEU 771 85.4090 65,850.34 84.4900 85.6200
    3 July 2024 CEUX 1,281 85.5388 109,575.20 85.0200 85.7500
    3 July 2024 XBRU 7,748 85.3023 660,922.22 84.3200 85.7600
    4 July 2024 AQEU 326 85.4090 27,843.33 84.7600 85.7300
    4 July 2024 CEUX 903 85.1388 76,880.34 84.5100 85.6700
    4 July 2024 XBRU 8,771 85.1699 747,025.19 84.4400 85.7700
    5 July 2024 AQEU 720 84.9023 61,129.66 84.4800 85.2500
    5 July 2024 CEUX 1,668 84.6771 141,241.40 84.3900 85.1900
    5 July 2024 XBRU 8,012 84.8359 679,705.23 83.9200 85.4700
    Total 51,584   4,365,739.09    

    As of 5 July 2024, the Company held a total of 792,920 own shares, spread out as follows:

    • 141,548 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
    		 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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