Share Buy-Back Program 2018
Repurchase of 1,600,000 shares totals €176.8 million (Mar - Apr & May - Jun)
北京快3线路 www.4w1e.cn The first part of the program to buy-back 500,000 ordinary shares to cover commitments under share based compensation plans began on 19 March and concluded on 11 April for a total consideration of €40.1 million.
The second part of the program to buy-back 1,100,000 ordinary shares to cover commitments for stock dividend as part of the final dividend 2017 began on 14 May and concluded on 20 June for a total consideration of €136.7 million.
In accordance with the regulations, DSM informed the market about the progress made in the execution of this program through weekly press releases whilst the buy-back program was ongoing.
See also the ‘Daily transaction details 1.6m Share Repurchase Program announced 19 Mar 2018’ below, which was updated weekly during the course of the buy-back program.
Statement pursuant to art. 5:25a of the Dutch Financial Supervision Act
DSM also announces that The Netherlands is its "Home Member State", as required by article 5:25a (2) of the Dutch Financial Supervision Act. This article obliges all listed companies to publicly announce which country is their "home member state" (as referred to in article 5:25a(1) sub c of the Dutch Financial Supervision Act) for purposes of regulation of their disclosure obligations under the EU Transparency Directive. Pursuant to section 5:25a of the Dutch Financial Supervision Act Royal DSM has notified the Autoriteit Financi?le Markten (AFM).