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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 16, 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

16-09-2024

12

31.1300

31.13

31.13

373.56

AQEU

16-09-2024

997

31.1790

31.28

31.12

31,085.46

CEUX

16-09-2024

312

31.1237

31.14

31.10

9,710.59

TQEX

16-09-2024

6,834

31.2010

31.45

31.10

213,227.63

XBRU

17-09-2024

500

32.3520

32.55

32.17

16,176.00

CEUX

18-09-2024

500

32.8784

33.34

32.53

16,439.20

XBRU

19-09-2024

25

34.4400

34.44

34.44

861

CEUX

19-09-2024

475

34.2954

34.50

34.08

16,290.32

XBRU

20-09-2024

215

34.2752

34.35

34.20

7,369.17

AQEU

20-09-2024

1,495

34.2924

34.54

34.19

51,267.14

CEUX

20-09-2024

573

34.2995

34.36

34.23

19,653.61

TQEX

20-09-2024

12,517

34.3072

34.52

33.96

429,423.22

XBRU

As of September 20, 2024, Solvay held a total of 1,371,365 own shares, spread out as follows:

  • 1,080,402 Solvay shares held by Solvay SA; and
  • 290,963 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.