Royal DSM N.V. has repurchased 311,250 of its own shares in the period from 6
September 2007 up to and including 10 September 2007 at an average price of
EUR 37.10. This is in accordance with the second phase of the
share buyback program, announced on 27 April 2007. The consideration of
this repurchase was EUR 11.5 million.
The total number of shares repurchased under the second phase of this program
is 13,828,008 shares for a total consideration of EUR 507.9 million, which
completes the second phase and full program of the share repurchase.
During the total program 20,528,008 shares were bought for a consideration of
EUR 750 mln, at an average price of EUR 36.54.
As resolved in the Annual General Meeting of Shareholders, held on March 28,
2007, the shares that are bought back will be cancelled. On 16 February 2007
as well as on 3 September 2007 6,700,000 shares were cancelled. The process to
cancel the remaining 7,128,008 shares was initiated today.
Upon completion of the cancellation of the remaining shares, the issued
ordinary shares will be reduced from 201,953,008 shares to 181,425,000 shares,
being around 10.2%. Royal DSM N.V. will inform the market upon completion of
said process.