Syensqo's Successful €300 Million Share Buyback Completes Third Phase
Syensqo Completes Its Third Tranche of Share Buyback Program
Syensqo SA is thrilled to announce the successful completion of the third tranche of its ambitious €300 million share buyback program. Launched with the intent to enhance shareholder value, this latest tranche represents significant progress in the company's financial strategies.
Overview of the Share Buyback Program
The share buyback program initiated by Syensqo on February 27, 2025, aimed to repurchase shares to stabilize and boost the value of the company. In this third tranche, a total of 784,328 Syensqo shares, which is approximately 0.75% of the company's outstanding shares, were successfully repurchased by the company.
Financial Investment and Outcome
During this period, the company invested €50 million, achieving an average purchase price of €63.75 per share. This thoughtful investment underscores Syensqo's commitment to optimizing its capital structure and returning value to its shareholders.
Formal Update and Compliance
In compliance with article 8:4 of the Royal Decree executing the Belgian Code of Companies and Associations, Syensqo has disclosed information about its share purchase activities. The latest reports indicate that an additional 3,434 shares were repurchased from July 28, 2025, to July 30, 2025.
Breakdown of Share Purchases
On July 30, 2025, Syensqo executed share purchases in two segments through different markets: CEUX and XBRU. A detailed snapshot of this activity includes:
- Date: July 30, 2025
- Market: CEUX
- Shares Purchased: 1,894
- Average Price (€): 69.72
- Total (€): 132,055.55
- Lowest Price (€): 69.40
- Highest Price (€): 69.88
- Date: July 30, 2025
- Market: XBRU
- Shares Purchased: 1,540
- Average Price (€): 69.65
- Total (€): 107,253.45
- Lowest Price (€): 69.18
- Highest Price (€): 69.86
The total number of shares repurchased in this tranche reaches 3,434 with an overall expenditure amounting to €239,309, underscoring Syensqo's strategic approach in managing assets.
Current Holding in Treasury
As of the end of the third tranche on July 30, 2025, Syensqo holds a total treasury of 1,540,858 shares, derived from various acquisition programs including:
- 143,455 shares from the current tranche of the share buyback program.
- 746,031 shares acquired through the Long Term Incentive Plan (LTIP) share purchase program, which was completed on October 23, 2024.
- 651,372 shares held by Syensqo Stock Option Management SRL, a subsidiary of the company.
Contact Information for Inquiries
For those interested in further discussion or inquiries regarding this announcement, Syensqo provides dedicated contacts for investors and media:
- Investors & Analysts: investor.relations@syensqo.com
- Media: media.relations@syensqo.com
- For immediate inquiries, contact Sherief Bakr at +44 7920 575 989 or Bisser Alexandrov at +33 607 635 280.
Frequently Asked Questions
What is the purpose of Syensqo's share buyback program?
The program aims to enhance shareholder value by repurchasing outstanding shares, thereby supporting stock prices and optimizing capital structure.
How much did Syensqo invest in this third tranche?
Syensqo invested €50 million in the third tranche, purchasing shares at an average price of €63.75 each.
What is the total number of shares purchased in the third tranche?
A total of 784,328 shares were repurchased in the third tranche of the buyback program.
How many shares does Syensqo hold in treasury now?
As of July 30, 2025, Syensqo holds 1,540,858 shares in treasury.
Who can I contact for more information about the company?
For investor relations, you can reach out to investor.relations@syensqo.com. For media inquiries, you can contact media.relations@syensqo.com.
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