Share buy-back programs

          Stock dividends, compensation plans & reducing issued capital

          Buy-back programs

          It is necessary for DSM to undertake regular share buy-back programs?to cover its commitment to shareholders wishing to receive their dividend in the form of ordinary shares, as well as to fulfill its obligations under share-based compensation plans.

          DSM obtains approval for the company to repurchase its own shares each year at the Annual General Meeting of Shareholders. Each year we also obtain approval to reduce the company's issued capital by cancellation of its shares up to a maximum of the number that is, or will be bought by, the company.

          2020: 1,400,000 shares

          March

          DSM repurchased a total of 1,400,000 shares for a combined consideration of €137.8 million in accordance with the repurchase program announced on 2 March 2020.

          This?Daily Transaction Details Share Repurchase Program announced 2 March 2020 spreadsheet was updated and published weekly during the course of the program.

          In addition, as a prudent measure given the Covid-19 environment and given the acquisition of Erber Group announced on 12 June 2020, DSM decided to cancel the remainder of its €1 billion share buy-back program, first announced on 14 February 2019. Under this program, DSM repurchased 6,638,971 shares for a total consideration of €745 million during 2019 and Jan-Feb 2020.

          Press releases

          Recent programs

          2019 - 2020: 9,238,971 shares

          Apr 2019 - Feb 2020

          DSM repurchased a total of?9,238,971 shares for a combined consideration of €1.01 billion in accordance with the repurchase program announced on 14 March 20191. This?Daily Transaction Details Share Repurchase Program?spreadsheet was updated and published weekly during the course of the program.

          2018: 1,100,000 shares

          August to October

          DSM repurchased a total of 1,100,000 shares for a combined consideration of €98.9 million in accordance with the repurchase program announced on 13 August 2018.?This?Daily Transaction Details 1.1m Share Repurchase Program spreadsheet was updated and published weekly during the course of the program.

          2018: 1,600,000 shares

          March to April & May to June

          DSM repurchased a total of 1,600,000 shares for a combined consideration of €136.7 million in accordance with the repurchase program announced on 19 March 2018. This Daily Transaction Details 1.6m Share Repurchase Program spreadsheet was updated and published weekly during the course of the program.

          2017: 1,600,000 shares

          August - November

          DSM repurchased a total of 1,600,000 shares for a combined €109.3 million in accordance with the repurchase program announced on 14 August 2017.?This?Daily Transaction Details 1.6m Share Repurchase Program spreadsheet was updated weekly during the course of the buy-back program.

          2017: 2,900,000 shares

          March - July

          DSM repurchased a total of 2,900,000 shares for a combined €187.2 million in accordance with the repurchase program announced on 13 March 2017. This?Daily transaction details 2.9m Share Repurchase Program spreadsheet was updated weekly during the course of the buy-back program.

          2016: 1,700,000 shares

          November - December

          DSM repurchased a total of 1,700,000 shares for a combined €96.0 million in accordance with the repurchase program announced on 4 November 2016. This?Daily Transaction Details 1.7m Share Repurchase Program spreadsheet was updated weekly during the course of the buy-back program.

          2016: 3,500,000 shares

          February - July

          DSM repurchased a total of 3,500,000 shares for a combined €176.8 million in accordance with the repurchase program announced on 22 February 2016 (as amended on 10 June 2016). DSM informed the market about the program's progress via weekly press releases.

          2015: 2,300,000 shares

          May - July

          DSM repurchased a total of 2,300,000 shares for a combined €122.5 million in accordance with the repurchase program announced on 14 May 2015. DSM informed the market about the program's progress via weekly press releases.

          1)?The repurchase of 1,400,000 ordinary shares announced on 2 March 2020 is in addition to the program to spend €1 billion repurchasing shares?to reduce the company's issued share capital.?In 2019 DSM repurchased 5.4 million shares for a total consideration of €600 million under this program and intends repurchasing the remaining €400 million during the first half year of 2020.

          Statement pursuant to art. 5:25a of the Dutch Financial Supervision Act

          DSM declares that the Netherlands is its "Home Member State", as required by article 5:25a (2) of the Dutch Financial Supervision Act. This article obliges all listed companies to publicly announce which country is their "home member state" (as referred to in article 5:25a(1) sub c of the Dutch Financial Supervision Act) for purposes of regulation of their disclosure obligations under the EU Transparency Directive. Pursuant to section 5:25a of the Dutch Financial Supervision Act, Royal DSM has notified the?Dutch Authority for the Financial Markets (AFM).

          Read more

          This site uses cookies to store information on your computer.

          Learn more
          草莓app