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Syensqo – Buyback of own shares | 09.09.24

Syensqo – Buyback of own shares | 09.09.24

Acquisition of own shares

Brussels, Belgium – September 9, 2024 – 17:45 CEST

In accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Code of Companies and Associations, Syensqo NV (“Syensqo” or the “Company”) hereby discloses certain information in relation to its share buyback program announced on 25 June 2024.

In the context of this share buyback program, which relates to the purchase of up to 983,000 Syensqo shares, Syensqo announces that it has purchased 56,300 Syensqo shares in the period from September 2 to September 6, 2024, as follows:

Date of purchase Market / MTF Number of shares Average price paid (€) Total (€) Lowest price paid (€) Highest price paid (€)
02-Sep-24 CUX 50.00 73.80 3,690.00 73.80 73.80
02-Sep-24 XBRU 100.00 74.07 7,406.50 74.00 74.13
03-Sep-24 CUX 50.00 75.30 3,765.00 75.30 75.30
03-Sep-24 XBRU 100.00 73.92 7,392.00 73.70 74.14
04-Sep-24 AQEU 60.00 73.51 4,410.36 73.33 73.65
04-Sep-24 CUX 2,082.00 73.39 152,806.72 73.17 73.64
04-Sep-24 XBRU 5,858.00 73.34 429,624.55 72.95 73.70
05-Sep-24 AQEU 190.00 72.03 13,685.24 71.46 72.73
05-Sep-24 CUX 8,091.00 72.08 583,179.86 70.50 72.67
05-Sep-24 XBRU 15,719.00 72.19 1,134,819.06 70.05 72.73
06-Sep-24 AQEU 580.00 72.00 41,761.28 71.65 72.42
06-Sep-24 CUX 5,595.00 71.89 402,240.78 70.78 72.44
06-Sep-24 XBRU 17,825.00 71.71 1,278,284.23 70.78 72.43
Total 56,300 4,063,065.57

As of September 6, 2024, the Company held a total of 1,349,061 treasury shares, distributed as follows:

  • 697,689 Syensqo shares under the share buyback program; and
  • 651,372 Syensqo shares by Syensqo Stock Option Management SRL (“SSOM”), a wholly owned indirect subsidiary of the Company.

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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 in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, product withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. As a result, 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 incorrect, actual results may vary materially from anticipated results. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

About Syensqo

Syensqo is a science-based company developing breakthrough solutions that improve the way we live, work, travel and play. Inspired by the scientific councils founded by Ernest Solvay in 1911, we bring together great minds to push the boundaries of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 employees.
Our solutions contribute to safer, cleaner and more sustainable products in homes, food and consumer goods, airplanes, cars, batteries, smart devices and healthcare applications. Our innovation strength enables us to realize the ambition of a circular economy and explore breakthrough technologies that advance humanity.

Investor Relations Resources

  • 20240909_Purchase of shares_NL