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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 36,500 Solvay shares in the period from September 2, 2024 up to and including September 6, 2024, as follows: 

 

Date of repurchase

Number of shares

Average price paid

Max price paid

Min price paid

Total

Market

02-09-2024

500

32.011

32.28

31.72

16,005.50

XBRU

03-09-2024

500

31.9496

32.18

31.55

15,974.80

XBRU

04-09-2024

82

31.58

31.58

31.58

2,589.56

CEUX

04-09-2024

418

31.5824

31.71

31.29

13,201.44

XBRU

05-09-2024

168

31.6889

31.74

31.68

5,323.74

AQEU

05-09-2024

433

31.692

31.7

31.66

13,722.64

CEUX

05-09-2024

181

31.6692

31.68

31.66

5,732.13

TQEX

05-09-2024

4,218

31.7046

32.27

31.56

133,730.00

XBRU

06-09-2024

1,043

31.5252

31.7

31.28

32,880.78

AQEU

06-09-2024

8,685

31.4121

31.71

31.22

272,814.09

CEUX

06-09-2024

1,166

31.5686

31.7

31.28

36,808.99

TQEX

06-09-2024

19,106

31.5167

31.75

31.19

602,158.07

XBRU

 

As of September 6, 2024, Solvay held a total of 1,230,841 own shares, spread out as follows:

  • 927,912 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.

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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.