Corbion Completes Share Buyback Program
Corbion, a leader in sustainable ingredients based in Amsterdam, is proud to announce the successful completion of its share buyback initiative. This program was initiated on September 1, 2025, as part of the company’s commitment to fulfilling its long-term employee incentive plan. A total of 577,615 ordinary shares were repurchased, reflecting an average price of €17.3126, amounting to nearly €10 million in total consideration.
Details of the Buyback Program
In the final week of the buyback program, leading up to November 11, 2025, Corbion acquired 32,626 shares. These shares were purchased at an average price of €17.8606, summing up to a total cost of €582,721.36. This strategic move highlights Corbion's commitment to enhancing shareholder value while ensuring that its employee incentive commitments are met.
Regulatory Compliance and Transparency
The implementation of this share buyback program was executed in strict adherence to the European Market Abuse Regulation. Corbion acted within the authority granted by its Annual General Shareholders' Meeting on May 14, 2025, allowing the Board of Management to repurchase shares up to 10% of the issued share capital over a maximum duration of 18 months. Throughout the process, Corbion maintained transparency by providing regular updates on the progress of the buyback through weekly press releases and notifications available on its website.
Looking Ahead: Corbion’s Strategic Vision
Corbion continues to focus on growth and innovation, driven by its ambition to lead in sustainable solutions. As the company moves beyond this phase of share repurchase, it is poised to leverage financial strategies that reinforce its commitment to shareholders and stakeholders alike. With an eye on future opportunities, Corbion is dedicated to advancing its mission and enhancing its position within the sustainable ingredients market.
Contact Information
For further inquiries, investor relations can be reached through Corbion’s dedicated channels to provide additional insights into corporate developments and future initiatives.
Frequently Asked Questions
What is the purpose of Corbion's share buyback program?
The share buyback program aims to fulfill long-term employee incentive commitments and enhance shareholder value.
How many shares were repurchased during the program?
A total of 577,615 shares were repurchased under the program.
What was the average price of the shares bought back?
The average price for shares repurchased was €17.3126.
How does the buyback program comply with regulations?
Corbion executed the program in compliance with the European Market Abuse Regulation and under the authority granted by its shareholders.
What are Corbion's future plans post-buyback?
Corbion aims to continue its growth in sustainable solutions while ensuring ongoing transparency and shareholder engagement.
