Arkema: Disclosure of Trading in Own Shares From 07 March to 11 March 2022

Rhea-AI Summary

Arkema has announced share buyback transactions conducted between 07 March and 11 March 2022, in compliance with EU regulation. A total of 5,261 shares were repurchased at an average price of €96.08 per share. The transactions occurred on Euronext Paris under the ticker ARKAY. This strategic move may enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share in the future. The company's commitment to shareholder returns through buybacks is underscored by this action.

Positive

• Conducted a total of 5,261 share buybacks from 07 March to 11 March 2022.
• Average buyback price was €96.08, potentially providing shareholder returns.

Negative

• None.

COLOMBES, France--(BUSINESS WIRE)-- Regulatory News:

In accordance with applicable regulations, Arkema (Paris:AKE) announces having carried out the following share buyback transactions in accordance with Article 5 §2 of Regulation (EU) No 596/2014 from 07 March to 11 March 2022.

Name of the issuer

Issuer identifier code

Day of the transaction

Financial instrument identifier code

Total daily volume (number of shares)

Weighted average price of daily acquisition

Market identifier code

ARKEMA

9695000EHMS84KKP2785

07/03/2022

FR0010313833

5 000

95,9872

XPAR

ARKEMA

9695000EHMS84KKP2785

08/03/2022

FR0010313833

261

97,9000

XPAR

TOTAL

5 261

96,0821

Detailed information can be found on the Group Arkema website:
https://www.arkema.com/en/investor-relations/arkema-share/share-buybacks/2021/

View source version on businesswire.com: https://www.businesswire.com/news/home/20220315005653/en/

Arkema

Source: Arkema