• Syensqo launches the first tranche of its new Share Buyback Program

    Source: Nasdaq GlobeNewswire / 05 Nov 2024 01:10:00   America/New_York

    Syensqo launches the first tranche of its new Share Buyback Program

    Brussels, Belgium – November 5, 2024 07:10 CET 

    SYENSQO SA (the “Company”) announces today that pursuant to its new Share Buyback Program (or the “Program”) announced on September 30, 2024, covering up to € 300 million, the Company launches the first tranche of this Program.

    The first tranche of the Program will start on November 5, 2024 and will run until December 31, 2024 at the latest, and will cover a maximum amount of up to € 50 million (of the € 300 million Program). 

    It will be implemented under the conditions set out in the authorization granted by the Extraordinary Shareholders’ Meeting of the Company on 8 December 2023 and carried out by a financial intermediary in compliance with applicable rules and regulations.

    The Company intends to cancel all shares acquired through this first tranche.

    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 Syensqo 

    Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. 
    Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.

    Investor Relations Resources

    Contacts

    Investors & Analysts Media  
    Sherief Bakr
    +44 7920 575 989

    Loïc Flament
    +32 478 69 74 20

    investor.relations@syensqo.com
    		Bisser Alexandrov
    +33 607 635 280

    Callie Gauzer
    +1 908 642 7363

         		Perrine Marchal
    +32 478 32 62 72

    Laetitia Schreiber
    +32 487 74 38 07

    media.relations@syensqo.com

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