Dassault Systèmes: disclosure of trading in own shares

Rhea-AI Summary

The press release from Dassault Systèmes, dated June 11, 2024, announces details of the company's stock repurchase program. Authorized by the General Meeting of Shareholders on May 22, 2024, the repurchase activities occurred on June 4 and June 5, 2024. The company acquired a total of 2,983,000 shares across various markets including XP, DXE, TQE, and AQE at an average price of approximately €37.10 per share. Detailed information on daily volumes and acquisition prices for each transaction is available on Dassault Systèmes' investor relations website.

Positive

• Repurchase program authorized by shareholders, indicating strong investor support.
• Total of 2,983,000 shares repurchased, reflecting company confidence in its stock.
• Average acquisition price of €37.10 per share, potentially stabilizing stock price.

Negative

• Significant capital expenditure required for repurchasing shares, impacting cash reserves.
• Share buybacks reduce liquidity in the market, which might affect trading volumes.

Press Release
VELIZY-VILLACOUBLAY, France — June 11, 2024

DISCLOSURE OF TRADING IN OWN SHARES
(Repurchase program decided by the General Meeting of Shareholders of May 22, 2024)

Issuer: Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA)
Type of securities: Ordinary shares
Period: June 4 to June 5, 2024

Detailed information (presentation by day and by market and transaction-by-transaction details) can be consulted on the website of Dassault Systèmes: https://investor.3ds.com/regulated-information/permanent-information

Presentation of the trading in own shares by day and by market

Name of issuer	Identification code of the issuer	Date of trading	Identification code of the financial instrument	Daily total volume (in number of shares)	Daily weighted average acquisition price of the shares*	Market
DASSAULT SYSTEMES	96950065LBWY0APQIM86	4-Jun-24	FR0014003TT8	337 544	37,1042	XPAR
DASSAULT SYSTEMES	96950065LBWY0APQIM86	4-Jun-24	FR0014003TT8	165 243	37,1767	DXE
DASSAULT SYSTEMES	96950065LBWY0APQIM86	4-Jun-24	FR0014003TT8	18 858	37,0657	TQE
DASSAULT SYSTEMES	96950065LBWY0APQIM86	4-Jun-24	FR0014003TT8	36 966	37,1329	AQE
DASSAULT SYSTEMES	96950065LBWY0APQIM86	4-Jun-24	FR0014003TT8	808 418	37,0117	DXE
DASSAULT SYSTEMES	9695002I9DJHZ3449O66	4-Jun-24	FR0014003TT8	429 348	37,0214	XPAR
DASSAULT SYSTEMES	96950065LBWY0APQIM86	5-Jun-24	FR0014003TT8	183 623	37,5005	XPAR
DASSAULT SYSTEMES	96950065LBWY0APQIM86	5-Jun-24	FR0014003TT8	20 000	37,7045	DXE

(*)The weighted average unit price is a rounded price

Declarations related to crossing of threshold must be sent to:
Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com  

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ABOUT DASSAULT SYSTÈMES

Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all –consumers, patients and citizens.
Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit www.3ds.com

Dassault Systèmes Investor Relations Team                FTI Consulting
Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
+33 1 61 62 40 73 / 69 24                                Jamie Ricketts : +44 20 3727 1600
investors@3ds.com                                        Tom Blundell: +44 20 3727 1600

Dassault Systèmes Press Contacts
Corporate / France        
Arnaud Malherbe: +33 1 61 62 87 73
arnaud.malherbe@3ds.com        

© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

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• Dassault Systèmes: disclosure of trading in own shares

FAQ

What is the significance of Dassault Systèmes' share repurchase program?

The share repurchase program demonstrates the company's confidence in its stock and aims to enhance shareholder value.

When did Dassault Systèmes conduct its latest share repurchase?

Dassault Systèmes conducted its latest share repurchase on June 4 and June 5, 2024.

What was the average price at which Dassault Systèmes repurchased its shares?

The average price at which Dassault Systèmes repurchased its shares was approximately €37.10 per share.

How many shares did Dassault Systèmes repurchase in June 2024?

Dassault Systèmes repurchased a total of 2,983,000 shares in June 2024.

Where can I find detailed information about Dassault Systèmes' share transactions?

Detailed information about Dassault Systèmes' share transactions can be found on their investor relations website.