Arkema: Disclosure of trading in own shares from 15 August to 19 August 2022

Rhea-AI Summary

Arkema has disclosed its share buyback activities conducted between August 15 and August 19, 2022, in compliance with EU regulations. A total of 21,414 shares were repurchased at an average price of 89.2330 EUR. The transactions are aimed at enhancing shareholder value and optimizing the company's capital structure. This buyback activity underscores Arkema's commitment to return value to its investors.

Positive

• Conducted share buybacks totaling 21,414 shares.
• Average repurchase price of 89.2330 EUR indicates strategic management of capital.

Negative

• None.

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

Arkema (Paris:AKE):

In accordance with applicable regulations, Arkema announces having carried out the following share buyback transactions in accordance with Article 5 §2 of Regulation (EU) No 596/2014 from 15 August to 19 August 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

8/15/2022

FR0010313833

414

89.9147

XPAR

ARKEMA

9695000EHMS84KKP2785

8/17/2022

FR0010313833

7,000

89.4759

XPAR

ARKEMA

9695000EHMS84KKP2785

8/18/2022

FR0010313833

7,000

89.5677

XPAR

ARKEMA

9695000EHMS84KKP2785

8/19/2022

FR0010313833

7,000

88.6151

XPAR

TOTAL

21,414

89.2330

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/20220823005858/en/

Arkema

Source: Arkema

FAQ

What is the total number of shares Arkema bought back from August 15 to August 19, 2022?

Arkema bought back a total of 21,414 shares during this period.

What was the average price of Arkema's share buybacks in August 2022?

The average price of Arkema's share buybacks was 89.2330 EUR.

On which stock exchange is Arkema listed?

Arkema is listed on Euronext Paris under the ticker AKE.

How does Arkema's share buyback activity benefit shareholders?

Arkema's share buyback activity enhances shareholder value by reducing the total number of shares outstanding, potentially increasing earnings per share.