Arkema: Disclosure of Trading in Own Shares From 28 February to 04 March 2022

Rhea-AI Summary

Arkema has executed share buyback transactions from February 28 to March 4, 2022, totaling 14,739 shares. The buybacks occurred on three separate days with varying share volumes: 4,739 shares at €113.0352 on March 2, 5,000 shares at €112.8145 on March 3, and 5,000 shares at €104.1590 on March 4. The overall weighted average purchase price was €109.9492. This move aligns with the company's strategy to enhance shareholder value and reflects a commitment to returning capital to investors.

Positive

• Total of 14,739 shares repurchased, indicating a commitment to shareholder value.
• Weighted average buyback price of €109.9492 is competitive compared to market fluctuations.

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 28 February to 04 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	02/03/2022	FR0010313833	4 739	113,0352	XPAR
ARKEMA	9695000EHMS84KKP2785	03/03/2022	FR0010313833	5 000	112,8145	XPAR
ARKEMA	9695000EHMS84KKP2785	04/03/2022	FR0010313833	5 000	104,1590	XPAR
			TOTAL	14 739	109,9492

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/20220308005621/en/

Arkema

Source: Arkema

FAQ

What are the details of Arkema's recent share buyback transactions?

Arkema conducted share buybacks from February 28 to March 4, 2022, purchasing a total of 14,739 shares at a weighted average price of €109.9492.

How many shares did Arkema buy back on March 2, 2022?

On March 2, 2022, Arkema bought back 4,739 shares at a price of €113.0352.

What was the buyback price for shares purchased by Arkema on March 3, 2022?

On March 3, 2022, Arkema purchased 5,000 shares at €112.8145.

What was the latest share buyback activity for ARKAY?

The latest activity included share buybacks from February 28 to March 4, 2022, totaling 14,739 shares.

What is the significance of share buybacks for Arkema?

Share buybacks are significant as they demonstrate Arkema's commitment to enhancing shareholder value by returning capital to investors.