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Solvay: acquisition of own shares

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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

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.

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.