DSM finalizes repurchase of shares to cover existing option plans
May 20 2014 - 2:15AM
Royal DSM, the global Life
Sciences and Materials Sciences company, has repurchased 69,522 of
its own shares in the period from 16 May 2014 up to and including
19 May 2014 at an average price of €51.67. This is in accordance
with the resumed repurchase, covering existing option plans,
announced on 27 February 2014. The consideration of this repurchase
was €3.6 million.
With this repurchase the total number of shares
repurchased under this resumed program to date reached 2,500,000
shares for a total consideration of €123.5 million.
This concludes the second and last part of a
program to repurchase 4-5 million shares in total, which was
announced in September 2013. Under this program a total of
5,000,000 shares were repurchased for a combined consideration of
€262.5 million.
DSM - Bright Science.
Brighter Living.(TM)
Royal DSM is a global science-based company active in health,
nutrition and materials. By connecting its unique competences in
Life Sciences and Materials Sciences DSM is driving economic
prosperity, environmental progress and social advances to create
sustainable value for all stakeholders simultaneously. DSM delivers
innovative solutions that nourish, protect and improve performance
in global markets such as food and dietary supplements, personal
care, feed, medical devices, automotive, paints, electrical and
electronics, life protection, alternative energy and bio-based
materials. DSM's 24,500 employees deliver annual net sales of
around €10 billion. The company is listed on NYSE Euronext. More
information can be found at www.dsm.com.
Or find us on:
For more
information:
DSM
Corporate Communications Herman Betten
tel. +31 (0) 45
5782017
e-mail media.contacts@dsm.com |
DSM
Investor Relations Dave Huizing
tel. +31 (0) 45 5782864
e-mail investor.relations@dsm.com |
Press release-pdf
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: DSM N.V. via Globenewswire
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