dsm-firmenich’s Strategic Share Repurchase Plan Update
dsm-firmenich’s Strategic Share Repurchase Plan Update
dsm-firmenich, a leader in nutrition, health, and beauty innovation, has unveiled an ambitious share repurchase program aimed at covering share plans and reducing capital. As part of this initiative, the company aims to buy back ordinary shares valued at up to €1 billion, starting with an immediate allocation of €500 million.
Recent Progress on the Share Repurchase Program
Since kicking off this repurchase program on April 1, 2025, dsm-firmenich has made significant strides. Initially targeting a total amount of €580 million, the program includes €80 million specifically allocated to meet commitments related to share-based compensation plans. The remaining €500 million is designated for capital reduction.
Share Repurchase Details
According to the company’s latest updates, between June 2 and June 6, 2025, a total of 274,460 shares were successfully repurchased at an average price of €97.80 per share, equating to a total expenditure of €26.8 million. To date, the cumulative total of shares repurchased under this program stands at 2,386,736 shares, purchased at an average of €94.43 each, amounting to a total consideration of approximately €225.4 million.
Future Plans for Share Repurchase
dsm-firmenich plans to conclude this current €580 million share repurchase program within six months from its start date. Upon completion, the company intends to initiate an additional €500 million share repurchase program. This upcoming program's initiation is contingent upon the successful sale of dsm-firmenich's stake in the Feed Enzymes Alliance, a recent announcement that adds further affirmation of the company's growth strategy.
About dsm-firmenich
dsm-firmenich is at the forefront of creating essential solutions in the nutrition, health, and beauty sectors, employing natural and renewable ingredients coupled with advanced technological capabilities. With annual revenues exceeding €12 billion, the company operates in nearly 60 countries, driven by a dedicated team of almost 30,000 employees who contribute to the global community's well-being.
Innovation and Sustainability
Committed to sustainable practices, dsm-firmenich continues to focus on meeting the needs of the evolving global market, empowering billions through essential nutrients, flavors, and fragrances. The company's operational model emphasizes responsibility toward environmental stewardship, ensuring that all innovations are not only consumer-friendly but also sustainable.
Contact Information
If you seek further insights or details about the share repurchase program or other initiatives, dsm-firmenich welcomes inquiries through their investor relations: email [email protected]. Media inquiries can also be directed to [email protected].
Frequently Asked Questions
What is the purpose of dsm-firmenich's share repurchase program?
The program aims to manage its capital more effectively while supporting employee share plans and enhancing shareholder value.
How much has been spent on share repurchases so far?
To date, dsm-firmenich has repurchased shares worth approximately €225.4 million.
What are the conditions for the next share repurchase program?
The subsequent €500 million share repurchase program is contingent upon the completion of the sale of dsm-firmenich’s stake in the Feed Enzymes Alliance.
Who can I contact for more information about the repurchase program?
You can reach out to dsm-firmenich's investor relations at [email protected] for more information.
What sectors does dsm-firmenich focus on?
dsm-firmenich specializes in nutrition, health, and beauty, creating solutions with a focus on sustainability and innovation.
About The Author
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