• Solvay: acquisition of own shares

    Source: Nasdaq GlobeNewswire / 23 Sep 2024 11:00:00   America/Chicago

    Brussels, September 23, 2024, 6:00pm CEST - Regulated information

    In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Solvay SA hereby discloses certain information in relation to its Share Buyback Program, announced on August 1, 2024.

    Solvay has repurchased 24,455 Solvay shares in the period from September 16, 2024 up to and including September 20, 2024, as follows:

    Date of repurchaseNumber of sharesAverage price paidMax price paidMin price paidTotalMarket
    16-09-20241231.130031.1331.13373.56AQEU
    16-09-202499731.179031.2831.1231,085.46CEUX
    16-09-202431231.123731.1431.109,710.59TQEX
    16-09-20246,83431.201031.4531.10213,227.63XBRU
    17-09-202450032.352032.5532.1716,176.00CEUX
    18-09-202450032.878433.3432.5316,439.20XBRU
    19-09-20242534.440034.4434.44861CEUX
    19-09-202447534.295434.5034.0816,290.32XBRU
    20-09-202421534.275234.3534.207,369.17AQEU
    20-09-20241,49534.292434.5434.1951,267.14CEUX
    20-09-202457334.299534.3634.2319,653.61TQEX
    20-09-202412,51734.307234.5233.96429,423.22XBRU

    As of September 20, 2024, Solvay held a total of 1,371,365 own shares, spread out as follows:

    • 1,080,402 Solvay shares held by Solvay SA; and
    • 290,963 Solvay shares held by Solvay Stock Option Management SRL (“SSOM”), a wholly owned indirect subsidiary of Solvay SA.

    Contacts

    Media relationsInvestor relations
    Peter Boelaert
    +32 479 30 91 59
     
    Laetitia Van Minnenbruggen
    +32 484 65 30 47
     
    media.relations@solvay.com    		Boris Cambon-Lalanne
    +32 471 55 37 49
     
    Geoffroy d’Oultremont
    +32 478 88 32 96
     
    Vincent Toussaint
    +33 6 74 87 85 65
     
    investor.relations@solvay.com

    Safe harbor

    This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements.

    About Solvay

    Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of over 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world’s most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. Solvay’s unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition. As a world-leading company with €4.9 billion in net sales in 2023, Solvay is listed on Euronext Brussels and Paris (SOLB). For more information about Solvay, please visit solvay.com or follow Solvay on Linkedin.

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