Solvay starts a new share buyback program to cover its long-term incentive plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
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Source: Globenewswire
Share Buyback Program Announcement: Solvay has launched a new share buyback program to acquire up to 1,025,000 shares to meet delivery obligations from its long-term incentive plans, expected to be completed by October 1, 2024.
Company Background and Commitment: Founded in 1863, Solvay is a leading chemical company focused on sustainable solutions, aiming for carbon neutrality by 2050, with €4.9 billion in net sales in 2023.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
