In September 2007 DSM announced a second EUR 750 million share buy-back
program, of which EUR 250 million was realized in the final quarter of 2007.
DSM - Repurchase of shares and completion of Phase II
In 2008 DSM executed the second phase of the share buyback program of € 750
million. During this phase DSM repurchased 6,615,00 shares for a total
consideration of € 250 million. in view of the situation in the global credit
markets, among other reasons, DSM decided in April 2008 to prudently review
the timing of the buy-back of the final € 250 million at the beginning of 2009
to retain financial flexibility.
DSM has decided to cancel the
remaining € 250 million part of the share buy-back program of € 750 million
which was announced in 2007
