Alm. Brand A/S Share Buyback Program Overview
Alm. Brand A/S has been actively engaged in a share buy-back program aimed at optimizing shareholder value. The company initially set forth a plan to repurchase shares up to the substantial sum of DKK 835.2 million, as highlighted in their previous announcements. This initiative is managed in alignment with the European regulations to ensure compliance and transparency.
Recent Transactions from June 9 to June 13
During the recent week, spanning from June 9 to June 13, significant transactions were conducted under the share buyback program. While there were no purchases on June 9, the subsequent days saw an active market response.
Summary of Share Purchases
On June 10, 2025, Alm. Brand A/S bought back 180,000 shares at an average price of DKK 16.55. This purchase amounted to a total of DKK 2,979,000. Moving forward, on June 11, the company acquired an additional 190,000 shares, bringing forth another expenditure of DKK 3,114,100 at an average price of DKK 16.39. The buying continued with similar transactions on June 12 and June 13, where 190,000 shares were purchased at DKK 16.41 and DKK 16.26 respectively. These transactions contributed to a total buyback of 750,000 shares for that specific week, reflecting a consistent commitment to shareholder returns.
Total Accumulated Shares
As a result of these recent activities, Alm. Brand A/S has accumulated a total of 15,670,000 shares under this program, maintaining a robust average purchase price of DKK 15.90 and an overall investment of approximately DKK 246,847,400. This robust buyback reflects a strategic approach to manage its equity structure and enhance the valuation of its shares in the market.
Current Ownership Structure
Following these transactions, Alm. Brand A/S now holds a total of 108,059,584 own shares, which represents 7.01% of all outstanding shares. This strategic maneuver reinforces the company’s commitment to enhancing shareholder wealth while positioning itself favorably within the ever-evolving market landscape.
Contact Information for Inquiries
For further questions regarding the share buyback program or related investor concerns, please reach out to:
Mads Thinggaard
Head of Investor Relations & ESG
Mobile: +45 2025 5469
Frequently Asked Questions
What is the purpose of Alm. Brand A/S's share buyback program?
The share buyback program aims to optimize shareholder value and manage the company’s equity structure.
How many shares were repurchased in the latest transactions?
In the recent week, Alm. Brand A/S repurchased a total of 750,000 shares.
What was the average purchase price of shares bought back?
The average purchase price for the recent transactions was DKK 16.40.
How much has Alm. Brand A/S invested in the buyback program altogether?
Alm. Brand A/S has invested approximately DKK 246,847,400 in the buyback program to date.
Where can I direct inquiries about the share buyback?
Inquiries can be directed to Mads Thinggaard at +45 2025 5469.
