Syensqo Continues Share Buyback Program with New Acquisition Announcement
Brussels, Belgium April 18, 2025 - 5:45 PM CET
In accordance with Article 7:215 of the Belgian Companies and Associations Code, Syensqo SA (hereinafter referred to as Syensqo or the Company) is advancing its share buyback program (the Program) that was initially announced on September 30, 2024. This initiative has a maximum budget of 300 million, which underscores the Companys commitment to enhancing shareholder value.
This third phase of the buyback program commenced on February 27, 2025, and is set to continue until at least June 27, 2025. During this phase, Syensqo has allocated a maximum of 50 million from the total 300 million budget for share repurchases. Importantly, the Company intends to cancel all shares acquired in this phase, which will reduce the total number of outstanding shares and potentially increase the share value for remaining shareholders.
As part of this ongoing buyback effort, Syensqo has reported the acquisition of 60,539 of its own shares from April 14 to April 18, 2025. The details of these transactions are as follows:
- Date of Purchase: April 14, 2025
- Market/MTF: CEUX
- Number of Shares: 6,864
- Average Price Paid (): 57.85
- Total (): 397,087.20
- Lowest Price Paid (): 57.52
- Highest Price Paid (): 58.20
- Date of Purchase: April 14, 2025
- Market/MTF: XBRU
- Number of Shares: 8,495
- Average Price Paid (): 57.86
- Total (): 491,569.97
- Lowest Price Paid (): 57.56
- Highest Price Paid (): 58.30
- Date of Purchase: April 15, 2025
- Market/MTF: CEUX
- Number of Shares: 8,490
- Average Price Paid (): 58.45
- Total (): 496,319.46
- Lowest Price Paid (): 58.10
- Highest Price Paid (): 59.08
- Date of Purchase: April 15, 2025
- Market/MTF: XBRU
- Number of Shares: 6,707
- Average Price Paid (): 58.49
- Total (): 392,319.93
- Lowest Price Paid (): 58.08
- Highest Price Paid (): 59.10
- Date of Purchase: April 16, 2025
- Market/MTF: CEUX
- Number of Shares: 6,858
- Average Price Paid (): 58.03
- Total (): 398,017.75
- Lowest Price Paid (): 57.36
- Highest Price Paid (): 58.48
- Date of Purchase: April 16, 2025
- Market/MTF: XBRU
- Number of Shares: 7,864
- Average Price Paid (): 57.99
- Total (): 456,094.70
- Lowest Price Paid (): 57.42
- Highest Price Paid (): 58.48
- Date of Purchase: April 17, 2025
- Market/MTF: CEUX
- Number of Shares: 5,485
- Average Price Paid (): 58.28
- Total (): 319,685.00
- Lowest Price Paid (): 57.82
- Highest Price Paid (): 59.00
- Date of Purchase: April 17, 2025
- Market/MTF: XBRU
- Number of Shares: 9,776
- Average Price Paid (): 58.33
- Total (): 570,271.23
- Lowest Price Paid (): 57.80
- Highest Price Paid (): 59.00
The cumulative total for these transactions is 60,539 shares at an aggregate cost of 3,521,365.23.
As of April 18, 2025, Syensqo holds a total of 1,749,313 treasury shares, distributed as follows:
- 351,910 shares acquired under the third phase of the ongoing 300 million buyback program, which began on November 5, 2024;
- 746,031 shares acquired as part of the long-term incentive plan (LTIP) buyback program, which concluded on October 23, 2024;
- 651,372 shares held by Syensqo Stock Option Management SRL (SSOM), a wholly-owned indirect subsidiary of Syensqo.
Contact Information
For inquiries, investors and analysts can reach out via email at investor.relations@syensqo.com. For media-related questions, please contact media.relations@syensqo.com. You can also reach the following representatives:
- Sherief Bakr: +44 7920 575 989
- Bisser Alexandrov: +33 607 635 28
- Loc Flament: +32 478 69 74 20
- Perrine Marchal: +32 487 74 38 07
- Laetitia Schreiber: +32 478 32 62 72
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements. These statements reflect expectations, plans, strategies, objectives, future events, or intentions. The realization of these forward-looking statements is subject to risks and uncertainties, including various economic factors, interest rate fluctuations, currency exchange rates, evolving market conditions, product competition, the nature of product development, the impact of acquisitions and divestitures, restructurings, the withdrawal of certain products, regulatory approval processes, global R&D project scenarios, and other unusual elements. Consequently, actual outcomes or future events may differ substantially from those expressed or implied. Should any known or unknown risks or uncertainties materialize, or if our assumptions prove incorrect, actual results could vary significantly from those anticipated. The company does not commit to publicly updating its forward-looking statements.
About Syensqo
Syensqo is a science-driven company that develops innovative solutions aimed at improving the way we live, work, travel, and entertain ourselves. Inspired by the scientific congresses initiated by Ernest Solvay in 1911, we gather brilliant talents who continually push the boundaries of science and innovation for the benefit of our customers, employing over 13,000 individuals worldwide.
We are focused on developing solutions that contribute to safer, cleaner, and more sustainable products found in housing, food, consumer goods, aviation, automotive, batteries, electronics, and healthcare. Our innovation strength enables us to realize the aspiration for a circular economy and explore groundbreaking technologies that will advance humanity.
Investor Relations Resources
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