Share Buy-Back Programs 2016
Repurchase of 1,700,000 shares totals €96.0 million (Nov - Dec)
Repurchase of 3,500,000 shares totals €176.8 million (Feb - Jul)
In accordance with the repurchase program to cover existing option plans and stock dividends which ran between 22 February 2016 (amended on 10 May 2016) and 21 July 2016, DSM repurchased a total of 3,500,000 shares for a combined consideration of €176.8 million.
In accordance with regulations DSM informed the market about the progress made in the execution of this program through weekly press releases.
Statement pursuant to art. 5:25a of the Dutch Financial Supervision Act
DSM also announces that The Netherlands is its "Home Member State", as required by article 5:25a (2) of the Dutch Financial Supervision Act. This article obliges all listed companies to publicly announce which country is their "home member state" (as referred to in article 5:25a(1) sub c of the Dutch Financial Supervision Act) for purposes of regulation of their disclosure obligations under the EU Transparency Directive. Pursuant to section 5:25a of the Dutch Financial Supervision Act Royal DSM has notified the Autoriteit Financi?le Markten (AFM).