HEERLEN, Netherlands, May 20, 2014 (GLOBE NEWSWIRE) -- Royal DSM, the global Life Sciences and Materials Sciences company, has repurchased 69,522 of its own shares in the period from 16 May 2014 up to and including 19 May 2014 at an average price of €51.67. This is in accordance with the resumed repurchase, covering existing option plans, announced on 27 February 2014. The consideration of this repurchase was €3.6 million.
With this repurchase the total number of shares repurchased under this resumed program to date reached 2,500,000 shares for a total consideration of €123.5 million.
This concludes the second and last part of a program to repurchase 4-5 million shares in total, which was announced in September 2013. Under this program a total of 5,000,000 shares were repurchased for a combined consideration of €262.5 million.
DSM - Bright Science. Brighter Living.(TM)
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. The company is listed on NYSE Euronext. More information can be found at www.dsm.com.
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DSM Corporate Communications Herman Betten
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Press release-pdf http://hugin.info/130663/R/1787123/613523.pdf