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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 128,035 Solvay shares in the period from September 9, 2024 up to and including September 13, 2024, as follows: 

Date of repurchase

Number of shares

Average price paid

Max price paid

Min price paid

Total

Market

09-09-2024

556

31.4463

31.62

31.31

17,484.14

AQEU

09-09-2024

3,852

31.5051

31.62

31.34

121,357.65

CEUX

09-09-2024

441

31.4824

31.62

31.35

13,883.74

TQEX

09-09-2024

10,306

31.4733

31.68

31.29

324,363.83

XBRU

10-09-2024

975

31.3557

31.74

31.13

30,571.81

AQEU

10-09-2024

2,636

31.4303

31.97

31.06

82,850.27

CEUX

10-09-2024

1,758

31.2967

31.92

31.05

55,019.60

TQEX

10-09-2024

24,208

31.365

32.03

31.04

759,283.92

XBRU

11-09-2024

1,122

31.4387

31.48

31.41

35,274.22

AQEU

11-09-2024

3,930

31.4327

31.5

31.26

123,530.51

CEUX

11-09-2024

2,183

31.3554

31.49

31.15

68,448.84

TQEX

11-09-2024

9,472

31.4065

31.5

30.93

297,482.37

XBRU

12-09-2024

823

31.0123

31.3

30.88

25,523.12

AQEU

12-09-2024

10,403

30.9879

31.34

30.87

322,367.12

CEUX

12-09-2024

1,866

30.9861

31.1

30.88

57,820.06

TQEX

12-09-2024

35,602

31.097

31.37

30.92

1,107,115.39

XBRU

13-09-2024

407

31.3956

31.51

31.19

12,778.01

AQEU

13-09-2024

5,587

31.3558

31.58

30.99

175,184.85

CEUX

13-09-2024

991

31.2985

31.54

31

31,016.81

TQEX

13-09-2024

10,917

31.2467

31.54

30.94

341,120.22

XBRU

As of September 13, 2024, Solvay held a total of 1,358,876 own shares, spread out as follows:

  • 1,055,947 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.