DSM repurchase 6.7 million of share
Heerlen,NL,15-Dec-2006 09:15 CET
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 28 March 2006, the shares
that are bought back thus far will be cancelled and today the required process
to cancel these shares is initiated.
Full press release .....