BASF Report 2023

Share Buyback Program

BASF ended its share buyback program on February 24, 2023, earlier than planned. This was done in line with the company’s priorities for the use of cash and in view of the profound changes in the global economy over the course of 2022. From January 11, 2022, until February 23, 2023, 25,956,530 own shares were repurchased; this corresponds to 2.8% of the share capital at the time the program was announced. The purchase price for these own shares was around €1.4 billion. Originally, the share buyback program had been planned to reach a volume of up to €3 billion and to be completed by the end of December 2023 at the latest.

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