Arkema: Disclosure of Trading in Own Shares From 10 October to 14 October 2022

Rhea-AI Summary

Arkema has executed share buyback transactions from October 10 to October 14, 2022, totaling 15,000 shares. The weighted average price of these acquisitions stands at €74.6016 per share. The operations are conducted in compliance with EU regulations, specifically Article 5 §2 of Regulation (EU) No 596/2014. These transactions aim to enhance shareholder value by reducing the number of shares outstanding, which could potentially lead to an increase in earnings per share.

Positive

• Completed share buyback of 15,000 shares.
• Weighted average buyback price of €74.6016 could enhance shareholder value.

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 10 October to 14 October 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

10/10/2022

FR0010313833

7 000

76,0490

XPAR

ARKEMA

9695000EHMS84KKP2785

11/10/2022

FR0010313833

7 000

73,3538

XPAR

ARKEMA

9695000EHMS84KKP2785

12/10/2022

FR0010313833

1 000

73,2037

XPAR

TOTAL

15 000

74,6016

Detailed information can be found on the Group Arkema website:
https://www.arkema.com/en/investor-relations/arkema-share/share-buybacks/2022/

View source version on businesswire.com: https://www.businesswire.com/news/home/20221018005805/en/

Arkema

Source: Arkema

FAQ

What is the purpose of Arkema's recent share buybacks?

Arkema's recent share buybacks aim to enhance shareholder value by reducing the number of shares outstanding.

What was the total volume of shares bought back by Arkema between October 10 and October 14, 2022?

Arkema bought back a total of 15,000 shares between October 10 and October 14, 2022.

What is the weighted average price for Arkema's share buyback in October 2022?

The weighted average price for Arkema's share buyback in October 2022 was €74.6016.

In which market did Arkema conduct its share buybacks?

Arkema conducted its share buybacks on Euronext Paris.

Under which regulation did Arkema carry out its share buyback transactions?

Arkema carried out its share buyback transactions under Article 5 §2 of Regulation (EU) No 596/2014.