Weekly progress on share repurchase program to cover share plans and reduce capital
Weekly progress on share repurchase program to cover share plans and reduce capital
Kaiseraugst (Switzerland), Maastricht (Netherlands), July 15, 2025
dsm-firmenich, innovators in nutrition, health, and beauty, announced on February 13, 2025 its intention to repurchase ordinary shares with an aggregate market value of €1 billion and reduce its issued capital, starting with an initial €500 million. On April 1, 2025, the company commenced a program to repurchase ordinary shares for a total amount of €580 million, of which €80 million to cover commitments under the Group's share-based compensation plans and €500 million to reduce its issued capital.
On June 27, 2025, the company announced the increase of the share repurchase program to €1,080 million following the completion of the previously announced sale of dsm-firmenich's stake in the Feed Enzymes Alliance.
In accordance with regulations, dsm-firmenich informs the market that during the period from July 7, 2025 up to and including July 11, 2025 a total number of 293,078 shares have been repurchased on its behalf. The shares were repurchased at an average price of €90.16 per share for a total amount of €26.4 million.
The total number of shares repurchased under this program to date is 4,528,509 shares at an average price of €93.8 for a total consideration of €424.8 million.
This €1,080 million share repurchase program will be completed no later than January 30, 2026.
For more detailed information see 'Daily transaction details Share Repurchase Program announced April 1, 2025'.
For more information, please contact:
dsm-firmenich investor relations enquiries:Email: investors@dsm-firmenich.com
dsm-firmenich media enquiries:Email: media@dsm-firmenich.com
About dsm-firmenichAs innovators in nutrition, health, and beauty, dsm-firmenich reinvents, manufactures, and combines vital nutrients, flavors, and fragrances for the world's growing population to thrive. With our comprehensive range of solutions, with natural and renewable ingredients and renowned science and technology capabilities, we work to create what is essential for life, desirable for consumers, and more sustainable for the planet. dsm-firmenich is a Swiss company with dual headquarters in Kaiseraugst, Switzerland and Maastricht, Netherlands, listed on the Euronext Amsterdam, with operations in almost 60 countries and revenues of more than €12 billion. With a diverse, worldwide team of nearly 30,000 employees, we bring progress to life every day, everywhere, for billions of people. www.dsm-firmenich.com
Disclaimer
This press release does not constitute or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. This press release may contain forward-looking statements with respect to dsm-firmenich's future. Such statements are based on current expectations, estimates and projections of dsm-firmenich and information currently available to the company. dsm-firmenich cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. dsm-firmenich has no obligation to update the statements contained in this press release, unless required by law. This communication contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation. The English language version of this press release prevails over other language versions.
Attachment
Press release_dsm-firmenich progress on share repurchase program_20250715
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
33 minutes ago
- Associated Press
France's prime minister wants to cut 2 public holidays to save money for the indebted economy
PARIS (AP) — France's prime minister proposed on Tuesday the elimination of two public holidays from the country's annual calendar — possibly Easter Monday and the day marking the Allied victory over the Nazis — to save money in next year's budget. That's among a raft of spending cuts laid out by Prime Minister Francois Bayrou in a sweeping, and potentially doomed, budget plan. He argued that removing two state holidays would bring in tax revenues generated from economic activity, contributing to around 44 billion euros ($51.3 billion) in overall savings. President Emmanuel Macron tasked Bayrou with crafting a budget that shaves costs to bring down France's staggering debt and deficit — while also adding billions in new defense spending to face what Macron says are resurgent threats from Russia and beyond. Bayrou questioned the religious importance of Easter Monday. And Victory Day, celebrated on May 8, comes in a month that has become a 'veritable Gruyere,' or holey cheese, of days off that includes May Day and the Catholic holiday of Ascension, he said. He said that those holidays were just suggestions, and that he was open to other ideas. France currently has 11 official holidays per year. With no parliamentary majority, Macron's centrist grouping must win support from adversaries on the left and right to pass the budget this fall. Bayrou's proposals, which are just a first step in the budget process, were quickly assailed by unions and the far-right National Rally, the largest single party in the lower house of Parliament. Bayrou's job is precarious, and he could be voted out if he fails to reach compromise on the budget.
Bloomberg
an hour ago
- Bloomberg
Santander's Botin Disagrees With Dimon as She Sees ‘Only Upside' for Europe
By , Jorge Zuloaga, and Sonali Basak Save Banco Santander SA Executive Chair Ana Botin differs with JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon's pessimistic outlook on Europe, saying she sees 'only upside' for the Continent. 'Europe has strong fundamentals, debt-to-GDP is better, strong institutions,' Botin said Tuesday in a Bloomberg Television interview, adding that she sees significant potential to invest there. 'You just need to choose your country, your sector and your company.'
Bloomberg
an hour ago
- Bloomberg
Santander's Botin on US Consumer, Europe and Stablecoins
Banco Santander Executive Chair Ana Botin says she sees "tremendous opportunity" in the US market. Speaking with Sonali Basak on "Bloomberg Markets," Botin discusses the state of the US consumer, what she sees as upside potential in Europe and the outlook for stablecoin adoption. (Source: Bloomberg)
