Arkema: Disclosure of Trading in Own Shares From 11 October to 15 October 2021

Rhea-AI Summary

Arkema has announced share buyback transactions conducted between October 11 and October 15, 2021. The total of 24,788 shares was repurchased at an average price of €110.1474. The breakdown includes 10,000 shares on October 11 with a weighted average price of €110.2738, followed by further purchases on October 12 totaling 14,788 shares at lower average prices. This buyback program is part of Arkema's strategy to enhance shareholder value, providing a signal of confidence in the company's financial health.

Positive

• Completed share buyback of 24,788 shares, indicating a commitment to returning value to shareholders.
• Average buyback price of €110.1474 reflects a strategic investment in the company's own stock.

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 11 October to 15 October 2021

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	11/10/2021	FR0010313833	10 000	110,2738	XPAR
ARKEMA	9695000EHMS84KKP2785	11/10/2021	FR0010313833	5 000	110,2596	CEUX
ARKEMA	9695000EHMS84KKP2785	12/10/2021	FR0010313833	7 783	109,9798	XPAR
ARKEMA	9695000EHMS84KKP2785	12/10/2021	FR0010313833	2 005	109,8872	CEUX
			TOTAL	24 788	110,1474

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/20211019005533/en/

ARKEMA

Source: ARKEMA

FAQ

What were Arkema's recent share buyback transactions?

Arkema repurchased 24,788 shares between October 11 and October 15, 2021, at an average price of €110.1474.

When did Arkema conduct its recent share buybacks?

The share buybacks took place from October 11 to October 15, 2021.

How many shares did Arkema buy back from October 11 to October 15, 2021?

Arkema bought back a total of 24,788 shares during this period.

What was the average price of Arkema's share buyback?

The average price of Arkema's share buyback was €110.1474.

What is the significance of Arkema's share buyback program?

The share buyback program is a strategic move to enhance shareholder value and indicates confidence in the company's financial health.