Overview of Alm. Brand A/S Share Buyback Program
Alm. Brand A/S is actively engaging in a share buyback program that reflects the company’s commitment to enhancing shareholder value. The program encompasses a significant investment of up to DKK 835.2 million, highlighting the firm’s strategic approach in the investment landscape.
Recent Transactions (Week 46)
During the week noted, Alm. Brand conducted several noteworthy transactions under this share buyback initiative, signaling a robust activity in the market.
Details of Transactions
The transactions made between November 10 and November 14 were marked by substantial share acquisitions. Here’s a breakdown of the week’s activities:
- On November 10, the company purchased 160,000 shares at an average price of 18.05 DKK, totaling 2,888,000 DKK.
- On November 11, the acquisition continued with 150,000 shares at 18.23 DKK, making the total investment 2,734,500 DKK.
- The activity remained steady on November 12, where another 150,000 shares were acquired at 18.14 DKK, for a total expenditure of 2,721,000 DKK.
- On November 13, the firm bought 170,000 shares averaging 18.23 DKK, contributing 3,099,100 DKK to the total amount.
- Finally, on November 14, 160,000 shares were acquired at 18.10 DKK, resulting in a total spend of 2,896,000 DKK.
The cumulative total for this week reached 790,000 shares purchased, with an average price of 18.15 DKK, which amassed a total expense of 14,338,600 DKK.
Accumulated Buybacks
As of the latest transactions, Alm. Brand A/S has redeemed a total of 33,330,521 shares through this program. The average purchase price for shares accumulated thus far has been 16.87 DKK, amounting to an overall expenditure of 562,265,741 DKK. This move has allowed Alm. Brand to hold 37,576,217 of its own shares, equating to 2.59% of the total outstanding shares.
Engagement with Investors
Alm. Brand A/S is dedicated to strengthening its connection with stakeholders and maintaining transparent communication regarding its financial activities. The company encourages investors and equity analysts to engage with their Investor Relations department. For inquiries, please contact:
Mads Thinggaard
Head of Investor Relations & ESG
Mobile: +45 2025 5469
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program aims to enhance shareholder value by reducing the number of outstanding shares, ultimately benefiting shareholders through increased ownership percentages.
How much has Alm. Brand A/S spent on the buyback program?
As of the latest updates, Alm. Brand A/S has invested approximately 562,265,741 DKK in buying back shares.
What percentage of shares does Alm. Brand A/S hold after the buybacks?
After the recent buybacks, Alm. Brand A/S holds 37,576,217 own shares, which is 2.59% of the total outstanding shares.
How can investors contact Alm. Brand A/S regarding the buyback program?
Investors can reach out to Mads Thinggaard, Head of Investor Relations & ESG, by calling +45 2025 5469 for any inquiries.
When were the most recent share buyback transactions conducted?
The most recent share buyback transactions occurred from November 10 to November 14, 2025.
