Trade Resources Company News Royal DSM Has Repurchased 254,756 of Its Own Shares

Royal DSM Has Repurchased 254,756 of Its Own Shares

Royal DSM, the global Life Sciences and Materials Sciences company, has repurchased 254,756 of its own shares in the period from 7 March 2014 up to and including 13 March 2014 at an average price of €47.40. This is in accordance with the resumed repurchase, covering existing option plans, announced on 27 February 2014. The consideration of this repurchase was €12.1 million.

The total number of shares repurchased under this program to date is 683,392 shares for a total consideration of €32.0 million.

Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders simultaneously.

DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 24,500 employees deliver annual net sales of around €10 billion.

Source: http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=160929
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DSM Repurchases 683, 392 Shares Till Mar 13
Topics: Textile