Alm. Brand A/S: Insights into Recent Share Buybacks

Author: Logan Wright Updated: 03-24-2025 04:45 AM

Overview of Alm. Brand A/S Share Buyback Program

Alm. Brand A/S has initiated a significant share buyback program aimed at enhancing shareholder value. This strategic move reflects the company's commitment to strengthening its market position and offering attractive returns to its investors.

Recent Transactions Summary

During the week ending in March, Alm. Brand A/S executed a series of buyback transactions totaling up to DKK 835.2 million. This initiative, which aligns with European regulations, showcases the company’s proactive approach to managing its shares and boosting investor confidence.

Breakdown of Share Buybacks

In the latest buyback activities, the company made notable acquisitions each day of the week, demonstrating a consistent and strategic methodology. The following is a summary of the buyback transactions:

Detailed Transaction Report

The buyback program recorded a total of 880,000 shares purchased within the reported week, leading to a significant reduction in outstanding shares. Here’s a closer look at the specific transactions conducted:

Total Shares Bought: 880,000
Average Purchase Price: DKK 16.71
Total Amount Spent: DKK 14,700,800

To date, the total shares bought back throughout this ongoing program stands at 2,650,000, reflecting a robust and disciplined buyback strategy.

Impact on Shareholder Equity

Following these recent transactions, Alm. Brand A/S now holds 96,069,230 shares, equivalent to 6.23% of the total outstanding shares. This strategic stock management not only enhances the company's financial standing but also reinforces investor trust.

Contact Information

If you have any inquiries regarding this announcement or would like further details about the buyback program, please do not hesitate to reach out to the designated contacts below:

Investors and Equity Analysts:
Head of IR, Rating and ESG Reporting
Mads Thinggaard
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 enhance shareholder value by reducing the number of outstanding shares and potentially increasing the stock price.

How many shares were bought back during the recent week?

During the week, a total of 880,000 shares were repurchased by Alm. Brand A/S.

What was the average purchase price of the shares?

The average purchase price of the shares acquired during this period was DKK 16.71.

How does the buyback affect the company's total shares?

The buyback reduces the total number of outstanding shares, thereby increasing the ownership percentage of existing shareholders.

Who can I contact for more information about the buyback program?

Mads Thinggaard is the Head of IR, Rating, and ESG Reporting at Alm. Brand A/S, and can be reached at +45 2025 5469 for further inquiries.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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