Acquisition of own shares in Brussels, Belgium

Syensqo SA launches Share Buyback Program

December 09, 2024 – 17:45 CET

In accordance with article 7:215 of the Belgian Code of Companies and Associations, Syensqo SA (“Syensqo” or the “Company”) announces that pursuant to its new Share Buyback Program (or the “Program”) announced on September 30, 2024, covering up to €300 million, the Company launches the first tranche of this Program. This second phase began on December 04, 2024 and will run until February 26, 2025 at the latest, covering a maximum amount of up to € 50 million.

This strategic move by Syensqo reflects the company’s confidence in its financial position and outlook for the future. By buying back its own shares, the company aims to increase shareholder value and flexibly manage its capital structure. Through this Program, Syensqo seeks to enhance earnings per share and achieve long-term prosperity for its shareholders.

The acquisition of own shares also signifies a vote of confidence from the company in its own future growth prospects. By reducing the number of outstanding shares in the market, Syensqo can potentially boost the price of its shares and demonstrate its commitment to delivering value to investors.

Additionally, the Share Buyback Program allows Syensqo to return excess cash to shareholders and signal that the company views its stock as undervalued. This move can attract new investors and enhance overall market sentiment towards Syensqo as a stable and profitable investment opportunity.

How will this affect me?

If you are a shareholder of Syensqo, the launch of the Share Buyback Program could potentially lead to a rise in the company’s stock price due to the decreased supply of shares in the market. This could result in a higher return on your investment and increased earnings per share, ultimately benefiting you as a shareholder.

How will this affect the world?

The acquisition of own shares by Syensqo reflects a larger trend in the corporate world where companies are increasingly utilizing buyback programs to optimize their capital structure and enhance shareholder value. This move by Syensqo may set a precedent for other companies to follow suit, resulting in a ripple effect across the global market as more firms adopt similar strategies to boost investor confidence and drive stock prices higher.

Conclusion

In conclusion, the launch of the Share Buyback Program by Syensqo signifies a strategic decision aimed at creating value for shareholders and strengthening the company’s position in the market. By repurchasing its own shares, Syensqo is demonstrating its commitment to enhancing shareholder returns and signaling confidence in its future growth prospects. This move not only benefits current investors but also has the potential to influence broader market dynamics on a global scale.