date:Feb 28, 2014
art of a program to repurchase 5 million shares in total, which was announced in September 2013. On 21 January 2014 DSM concluded the first part of this program under which 2,500,000 ordinary shares were repurchased for a total consideration of 139 million.
DSM has signed a Discretionary Management Agreement with the bank that will execute the repurchase. The repurchase price will be based on the daily VWAP (Volume Weighted Average Price). Volumes to be repurchased will be on average 5% of the