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Syensqo completes the third tranche of its €300 million Share Buyback Program
Globenewswire·2025-07-30 15:45

Core Viewpoint - Syensqo SA has successfully completed the third tranche of its €300 million share buyback program, which was initiated on February 27, 2025, and concluded on July 30, 2025 [1][2]. Group 1: Share Buyback Program Details - A total of 784,328 shares were purchased during the program, accounting for approximately 0.75% of the company's outstanding shares [2]. - The company invested €50 million in the third tranche at an average purchase price of €63.75 per share [2]. - As of July 30, 2025, the company held a total of 1,540,858 shares in treasury [3]. Group 2: Recent Transactions - In the final update of the third tranche, Syensqo repurchased 3,434 shares from July 28, 2025, to July 30, 2025, with an average price of €69.72 on CEUX and €69.65 on XBRU [3]. - The total expenditure for these recent purchases amounted to €239,309 [3]. Group 3: Historical Context - Prior to the third tranche, 445,001 shares were cancelled on May 9, 2025, and 746,031 shares were acquired under the Long Term Incentive Plan (LTIP) share purchase program completed on October 23, 2024 [2][5].