Syensqo's Strategic Share Buyback Program Update
Syensqo Shares Buyback Program Overview
Syensqo SA (“Syensqo” or the “Company”) is undergoing an impactful share buyback program, which confirms its commitment to creating shareholder value. This initiative allows the Company to repurchase up to €300 million worth of its shares. The latest tranche of this program commenced on February 27, 2025, and is set to continue until June 27, 2025, at the latest, allowing for a maximum expenditure of €50 million.
Recent Share Repurchases
Between May 5 and May 9, 2025, Syensqo successfully repurchased a total of 44,671 shares as part of this ongoing program. These purchases are aimed at providing liquidity and further strengthening the Company’s balance sheet.
Details of the Share Purchases
The repurchased shares were acquired at various prices across different markets. The transaction details for the purchases include:
- Date of Purchase: 05-May-25
- Market: CEUX, XBRU
- Number of Shares: 4,464 (CEUX), 4,160 (XBRU)
- Average Price Paid: €64.02 (CEUX), €63.99 (XBRU)
- Total Amount: €285,791.98 (CEUX), €266,201.31 (XBRU)
This data reflects the transaction dynamics of the buyback process, showcasing the level of activity and strategic planning behind the Company’s investment in its own equity.
Current Position of Syensqo Shares
As of May 9, 2025, Syensqo holds a total of 1,414,995 of its own shares. This encompasses shares acquired through the current tranche of the buyback program, the LTIP Share Buyback Program, and shares owned by Syensqo Stock Option Management SRL, a wholly owned subsidiary of the Company. Here's the breakdown:
- Total Shares from Current Tranche: 17,592
- Shares from LTIP Program: 746,031
- Shares by SSOM: 651,372
With a robust inventory of shares, Syensqo demonstrates an ongoing commitment to enhancing shareholder value and supporting the market perception of its brand.
Syensqo's Commitment to Stakeholders
At the core of Syensqo's business strategy is a persistent focus on innovation and sustainability. The Company views the buyback program as a way to return capital to shareholders and signal confidence in its future prospects. This proactive approach not only reinforces investor trust but also enhances market performance.
Future Expectations
Moving forward, Syensqo intends to continue evaluating the effectiveness of its buyback program, providing updates to shareholders as necessary. It seeks to remain agile in its response to market conditions, ensuring that each step taken aligns with its long-term strategic vision.
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program is aimed at enhancing shareholder value by reducing the number of outstanding shares and signaling confidence in the company’s future profitability.
How much has Syensqo allocated for the current buyback tranche?
Syensqo has allocated up to €50 million for the current tranche of its buyback program, which is part of the larger €300 million initiative.
What is the total number of shares repurchased to date?
As of the latest update, Syensqo has repurchased a total of 44,671 shares in the current tranche.
Who can investors contact for more information?
Investors can reach out to Syensqo's Investor Relations via email at investor.relations@syensqo.com.
How does the buyback program affect share prices?
A buyback program can potentially increase share prices by reducing the supply of shares in the market, which may lead to higher demand.
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