Elementis Demonstrates Confidence in Its Future: Buys Back Its Own Shares

Amid the tumultuous turbulence of the stock market and the competitive maneuvers of the global specialty chemicals industry, Elementis plc demonstrated a deep-dive, confident move. The company announced that it has purchased a chunk of its own ordinary shares for cancellation in line with its share buyback program validity announced on 28 May 2025.

Elementis purchased 250,000 of its ordinary shares at an average price of 154.0923 pence per share. The transactions were made through Numis Securities Limited (also known as Deutsche Numis). The shares were bought at prices ranging from 153.20 to 155.20 GBp, with a volume-weighted average price of 154.0923 GBp.

The purchase was distributed among various trading venues, including but not limited to the London Stock Exchange, Chi-X Europe, and BATS Trading Europe, with the number of shares purchased ranging from 30,000 to 150,000 in each venue at a weighted average price paid between 153.9262 and 154.1898 GBp per share.

The extensive list of individual transactions as part of the share buyback program provides a detailed look into the company’s strategic activity. The transactions show a calculated and steady acquisition of shares throughout the day. This pattern portrays a robust foresight of Elementis’s prospects and depicts an image of a company that is confident to invest in its own future viability, potentially indicating a positive outlook for the company’s future.