Solvay SA (ENXTBR:SOLB) commences share repurchases on June 20, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on December 8, 2023. As per the mandate, the company is authorized to repurchase its own shares. The shares will be repurchased at a unit price which may not be lower than ?1 and which may not be more than ten percent (10%) higher than the highest price of the last twenty trading days preceding the transaction. The authorization is valid for 5 years.

In March 2024, the company announces a share repurchase program. Under the program, the company will repurchase its own shares. The purpose of the program is meeting any delivery obligations of company arising from grants of its PSU and RSU plans and Employee Share Purchase Plan