Flavors, fragrances and ingredients giant dsm-firmenich is currently finalizing its share buyback program involving a total of 1.5 million shares.
The company announced that it had bought back 500,000 ordinary shares during the period from April 8, 2024 to April 12, 2024 inclusive, at an average price of €103.29 (for a total amount of €51.6 million).
As part of its share buyback program to cover the share plans announced on April 8, 2024, it subsequently acquired 452,835 shares during the period from April 22, 2024 to April 26, 2024 inclusive. The shares were bought back at an average price of 104.66 euros for a total amount of 47.4 million euros.
The forward transaction is expected to be finalized in May 2024, and dsm-firmenich plans to take delivery of the shares in 2025.
