Solvay: acquisition of own shares

Brussels, August 19, 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 161,013 Solvay shares in the period from August 12, 2024 up to and including August 16, 2024, as follows:

Date of repurchase Number of shares Average price paid Max price paid Min price paid Total Market
12-08-2024 884 30.7433 31.5200 30.6700 27,177.08 AQEU
12-08-2024 4,799 30.8367 31.6400 30.6700 147,985.32 CEUX
12-08-2024 2,110 30.7814 31.5200 30.6700 64,948.75 TQEX
12-08-2024 18,207 30.9613 31.6600 30.6500 563,712.39 XBRU
13-08-2024 1,095 30.7307 30.9600 30.3700 33,650.12 AQEU
13-08-2024 15,694 30.6384 31.0000 30.3900 480,839.05 CEUX
13-08-2024 4,185 30.6371 30.9900 30.3700 128,216.26 TQEX
13-08-2024 19,026 30.6472 31.0300 30.3700 583,093.63 XBRU
14-08-2024 1,433 30.2406 30.5100 30.0800 43,334.78 AQEU
14-08-2024 12,725 30.2832 30.5300 30.0700 385,353.72 CEUX
14-08-2024 4,468 30.3257 30.5400 30.0800 135,495.23 TQEX
14-08-2024 29,590 30.3175 30.6400 30.0700 897,094.83 XBRU
15-08-2024 1,823 30.7201 30.9900 30.5500 56,002.74 AQEU
15-08-2024 8,424 30.6703 30.9500 30.5200 258,366.61 CEUX
15-08-2024 3,271 30.7711 30.9500 30.5100 100,652.27 TQEX
15-08-2024 13,279 30.6981 31.0100 30.4800 407,640.07 XBRU
16-08-2024 933 30.8908 31.0000 30.8200 28,821.12 AQEU
16-08-2024 5,844 30.9374 31.0900 30.7400 180,798.17 CEUX
16-08-2024 2,386 30.9153 31.0600 30.7500 73,763.91 TQEX
16-08-2024 10,837 30.9459 31.1100 30.7400 335,360.72 XBRU

As of August 16, 2024, Solvay held a total of 919,833 own shares, spread out as follows:

  • 616,904 Solvay shares held by Solvay SA; and
  • 302,929 Solvay shares held by Solvay Stock Option Management SRL (“SSOM”), a wholly owned indirect subsidiary of Solvay SA.

Contacts

Media relations Investor relations
Peter Boelaert
+32 479 30 91 59

 

Laetitia Van Minnenbruggen
+32 484 65 30 47

 

Kimberly King
+ 1 470 464 4336

 

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.

Attachment

  • Press release

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