Solvay SA (GB:0NZR) has released an update.
Solvay SA has initiated a new share buyback program to secure shares needed for its 2023 and 2024 long-term incentive plans, with plans to repurchase up to 1,025,000 shares by October 1, 2024. This move follows a previous acquisition of shares in June 2024 and is factored into the company’s projected free cash flow to shareholders. The buyback will be conducted in compliance with market regulations and will be executed by an independent intermediary.
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