DSM announces cancellation of 6.6m treasury shares to conclude reduction in share capital
HEERLEN, Netherlands, April 29, 2021 /PRNewswire/ -- Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announces that it has cancelled 6.6m ordinary shares, thereby concluding the reduction in share capital following the share buyback program executed in the period 1 April 2019 to February 2020.
6,638,971 Ordinary shares held in treasury since the execution of the share buyback program have been cancelled. The total number of issued shares is therefore reduced to 218,826,029 (previously 225,465,000), consisting of 174,786,029 ordinary shares and 44,040,000 cumulative preference shares A. In accordance with regulatory requirements, Royal DSM has notified the Dutch Authority for the Financial Markets (AFM) of the change in its issued share capital.
DSM – Bright Science. Brighter Living.™
Royal DSM is a global, purpose-led, science-based company active in Nutrition, Health and Sustainable Living. DSM's purpose is to create brighter lives for all. DSM addresses with its products and solutions some of the world's biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. DSM delivers innovative solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 23,000 employees. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
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For more information:
DSM Media relations Lieke de Jong tel. +31 (0) 45 5782420 email media.contacts@dsm.com |
DSM Investor Relations Dave Huizing tel. +31 (0) 45 5782864 |
Forward-looking statements
This press release may contain forward-looking statements with respect to DSM's future (financial) performance and position. Such statements are based on current expectations, estimates and projections of DSM and information currently available to the company. DSM cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. DSM has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is leading.
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