Solvay: acquisition of own shares

Brussels, August 26, 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 122,323 Solvay shares in the period from August 19, 2024 up to and including August 23, 2024, as follows:

Date of repurchase Number of shares Average price paid Max price paid Min price paid Total Market
19-08-2024 972 31.0040 31.1700 30.8100 30,135.89 AQEU
19-08-2024 3,873 30.8978 31.1800 30.7700 119,667.18 CEUX
19-08-2024 1,091 30.9918 31.2000 30.7800 33,812.05 TQEX
19-08-2024 24,064 30.8925 31.3000 30.6900 743,397.12 XBRU
20-08-2024 2,324 30.6540 30.8600 30.5200 71,239.90 AQEU
20-08-2024 17,641 30.7439 30.9900 30.5900 542,353.14 CEUX
20-08-2024 4,381 30.7101 31.0000 30.5200 134,540.95 TQEX
20-08-2024 24,654 30.6424 31.1600 30.4900 755,457.73 XBRU
21-08-2024 590 30.7750 30.9800 30.6600 18,157.25 AQEU
21-08-2024 8,840 30.8669 30.9800 30.6500 272,863.40 CEUX
21-08-2024 2,064 30.8127 30.9700 30.6600 63,597.41 TQEX
21-08-2024 14,506 30.8179 30.9800 30.5900 447,044.46 XBRU
22-08-2024 317 31.0104 31.0800 30.9500 9,830.30 AQEU
22-08-2024 3,215 31.0052 31.1100 30.9500 99,681.72 CEUX
22-08-2024 1,233 31.0794 31.1300 30.9500 38,320.90 TQEX
22-08-2024 6,121 31.0007 31.2100 30.8100 189,755.28 XBRU
23-08-2024 425 31.2772 31.2900 31.2600 13,292.81 AQEU
23-08-2024 1,123 31.2802 31.3000 31.2500 35,127.66 CEUX
23-08-2024 364 31.2744 31.2900 31.2500 11,383.88 TQEX
23-08-2024 4,525 31.2819 31.4000 31.2300 141,550.60 XBRU

As of August 23, 2024, Solvay held a total of 1,042,156 own shares, spread out as follows:

  • 739,227 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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