DSM B.V.
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Publicatie datum
15 dec 2006 - 09:09
Statutaire naam
DSM B.V.
Titel
Repurchase and cancellation of shares
Bericht
Royal DSM N.V. has repurchased 241,180 of its own shares in the period from 7 December 2006 up to and including 11 December 2006 at an average price of EUR 36.28. The consideration of this repurchase was EUR 8.8 million.
To date the number of shares repurchased under this program has reached in total a number of 6,700,000 shares for a total consideration of EUR 242.1 million. As was announced in the press release of 27 September 2006 this concludes the first phase of the share buy-back program. During the remainder of 2006 no further shares will be bought back under this program. DSM will resume the program in the course of 2007. The total program will be EUR 750 million. In due course DSM will inform the market, when share repurchases in the framework of this program are resumed.
As resolved in the Annual General Meeting of Shareholders, held on 29 March 2006, the shares that are bought back thus far will be cancelled and today the required process to cancel these shares is initiated.
Datum laatste update: 08 oktober 2024