- Symrise authorizes a share buyback program up to EUR 400 million.
- The program runs from 1 February to 31 October 2026.
- The buyback aims to reduce registered share capital.
- The process will follow EU Market Abuse Regulation guidelines.
Share Buyback Program
Symrise AG has announced a share buyback program valued at up to EUR 400 million. The initiative is set to run from 1 February to 31 October 2026, with the primary goal of reducing the registered share capital by redeeming shares.
Financial Strategy
The decision to initiate the buyback is supported by strong free cash flow and anticipated proceeds from portfolio actions. This move is part of Symrise's broader financial strategy to enhance shareholder value while maintaining a robust balance sheet and financial flexibility.
Regulatory Compliance
The share buyback will be conducted via a stock exchange and managed by an independent credit institution. It will adhere to the Safe Harbor Rules under Article 5 of Regulation (EU) No 596/2014, in conjunction with the Delegated Regulation (EU) 2016/1052.
Program Details
Symrise reserves the right to suspend or terminate the buyback program. The company currently does not hold any of its own shares. Further details regarding the program will be disclosed before its commencement.
