DSM announces amendment to share repurchase program and reports repurchase of shares (3-9 June 2016)
The repurchase of the additional shares will take place under the same conditions as the original program as announced on 22 February 2016.The program is anticipated to continue into Q3 2016. The total number of shares to be repurchased under the program represents approximately 1.93% of ordinary shares issued.
In accordance with the program, DSM reports that it has repurchased 139,054 of its own shares in the period from 3 June 2016 up to and including 9 June 2016 at an average price of €56.45. The consideration of this repurchase was €7.9 million.
The total number of shares repurchased under this program to date is 2,725,001 shares for a total consideration €135.8 million.