HEERLEN, The Netherlands, November 18, 2016 /PRNewswire/ --
Royal DSM, a global science-based company active in health, nutrition and materials, has repurchased 360,149 of its own shares in the period from 11 November 2016 up to and including 17 November 2016 at an average price of €56.21. This is in accordance with the repurchase, covering existing option plans, announced on 4 November 2016. The consideration of this repurchase was €20 million.
The total number of shares repurchased under this program to date is 874,633 ordinary shares for a total consideration of €49 million.
DSM - Bright Science. Brighter Living.™
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in life sciences and materials sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders simultaneously. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 25,000 employees. The company is listed on Euronext Amsterdam. More information can be found at http://www.dsm.com.
This press release may contain forward-looking statements with respect to DSM's future (financial) performance and position. Such statements are based on current expectations, estimates and projections of DSM and information currently available to the company. DSM cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. DSM has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.
For more information:
DSM Corporate Communications
DSM Investor Relations
SOURCE Royal DSM NV