dsm-firmenich today announces that it has repurchased 500,000 ordinary shares in the period from April 8, 2024 up to and including April 12, 2024 at an average price of EUR €103.29.
This is in accordance with the on-market share repurchase programme announced on April 8, 2024, covering commitments under the Group's share-based compensation plans.
This repurchase concludes the programme to repurchase 500,000 shares for a total consideration of €51.6m.
As announced on April 8, 2024, the on-market share repurchase programme is followed by a repurchase of 1,000,000 shares by means of an equity forward transaction.
The forward transaction is expected to be entered into in April 2024, and dsm-firmenich expects to take delivery of the shares in 2025.
