Alm. Brand A/S Share Buyback Report Update
Alm. Brand A/S Share Buyback Program Overview
Transactions Overview
Recently, Alm. Brand A/S initiated a share buyback program with an investment potential of up to DKK 150 million, as detailed in company announcement no. 40/2024.
This program adheres to the Regulation No 596/2014 by the European Parliament and Council, alongside the Commission Delegated Regulation (EU) 2016/1052, commonly known as the Safe Harbour Regulations.
Weekly Transactions Summary
The following transactions were completed under the share buyback program for the week:
- Accumulated from Last Announcement: No shares were previously purchased.
- 15 August: 175,458 shares were acquired at an average price of 12.11 DKK, totaling 2,124,498 DKK.
- 16 August: 122,203 shares were obtained at an average price of 11.91 DKK, totaling 1,455,975 DKK.
Total Transactions for the Week
The cumulative totals for the week are as follows:
- Total Shares Bought: 297,661 shares
- Average Purchase Price: 12.03 DKK
- Total Amount Spent: 3,580,474 DKK
As of now, Alm. Brand A/S holds a total of 25,708,840 of its own shares, which represent 1.67% of the total outstanding shares.
Contact Information
For any inquiries regarding this announcement, please connect with:
Investors and Equity Analysts:
Head of IR, Rating and ESG Reporting
Mads Thinggaard
Mobile No. +45 2025 5469
Frequently Asked Questions
1. What is the purpose of the share buyback program?
The share buyback program aims to return value to shareholders and enhance earnings per share by reducing the total number of available shares.
2. How much does Alm. Brand A/S intend to spend on the buyback?
Alm. Brand A/S plans to spend up to DKK 150 million on the share buyback program.
3. How many shares were bought during the recent buyback period?
A total of 297,661 shares were purchased across the two transaction days mentioned.
4. What was the average purchase price of the shares bought back?
The average purchase price of the shares acquired during this period was 12.03 DKK.
5. Who can be contacted for more information about the buyback announcements?
Questions can be directed to Mads Thinggaard, Head of IR, at mobile number +45 2025 5469.
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