This site uses cookies to store information on your computer. Learn more x

Share Buy-Back Program 2018

Intended repurchase of 1,600,000 shares

On 19 March DSM announced it was beginning the repurchase of 500,000 ordinary shares, starting on 19 March 2018, in order to cover commitments under share based compensation plans and 1,100,000 ordinary shares, starting on 14 May 2018, in order to cover commitments for stock dividend as part of the final dividend 2017. Based on the closing price of the DSM share on Euronext Amsterdam on 16 March 2018 this would be equivalent to approximately €130 million.

On 11 April DSM concluded the first part of the buy-back program to repurchase 500,000 ordinary shares for a total consideration of €40.1 million. The buy-back program will recommence as of 14 May 2018.

In accordance with the regulations, DSM will inform the market about the progress made in the execution of this program through weekly press releases whilst the buy-back program is ongoing.

See also the ‘Daily transaction details 1.6m Share Repurchase Program announced 19 Mar 2018’ below, which is 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 Financiële Markten (AFM).