Netherlands based DSM N.V. intends to repurchase a maximum of 742,000 of its own shares in November in order to cover its commitments under existing management and personnel option plans in the manner that is customary at DSM.
The maximum amount involved in the repurchase will be EUR 26 million.
Leading manufacturing company DSM is active worldwide in nutritional and pharma ingredients, performance materials and industrial chemicals. The company creates innovative products and services that help improve the quality of life.
DSM's products are used in a wide range of end markets and applications such as human and animal nutrition and health, cosmetics, pharmaceuticals, automotive and transport, coatings, housing and electrics & electronics (E&E).