Overview of Alm. Brand A/S Share Buy-Back Program
Alm. Brand A/S has initiated a share buy-back program aimed at enhancing shareholder value. This initiative reflects the company’s commitment to returning capital to shareholders while maintaining a strong balance sheet.
Recent Transactions Summary
For the period specified in the report, transactions have shown a consistent approach towards share repurchase. The total amount allocated for the buy-back program stands impressively at DKK 835.2 million, as previously announced, showcasing the company’s robust financial position.
Transactions from 24 March to 28 March 2025
During the week, Alm. Brand A/S executed a number of share buy-back transactions which are worth noting:
Starting with an accumulated total before these transactions, the company had already repurchased 2,650,000 shares at an average purchase price of DKK 16.47, summing up to a total expenditure of DKK 43,566,600.
On March 24, the company bought back 170,000 shares at an average price of DKK 16.54, leading to a total spend of DKK 2,811,800.
The following day, March 25, saw another purchase of 190,000 shares with an average price of DKK 16.72, escalating the total to DKK 3,176,800.
Continuing through the week, March 26 records another 170,000 shares bought at DKK 16.84, costing DKK 2,862,800.
On March 27, an additional 170,000 shares were repurchased at DKK 16.87 for DKK 2,867,900.
Finally, on March 28, 180,000 shares were bought at an average of DKK 16.74, resulting in an expenditure of DKK 3,013,200.
Total Buy-Back Achievements
At the conclusion of the week, Alm. Brand A/S successfully bought back a total of 880,000 shares. The average purchase price for this week stood at DKK 16.74, totaling a financial allocation of DKK 14,732,500 towards the buy-back program.
After these transactions, the cumulative shares repurchased under this buy-back program rose to 3,530,000 shares at an average price of DKK 16.54, representing a total investment of DKK 58,299,100.
Status of Company Shares
As a result of these share repurchases, Alm. Brand A/S now holds a remarkable 96,949,230 own shares, constituting approximately 6.29% of the total outstanding shares. This strategic move underlines the company’s proactive efforts to bolster shareholder confidence and improve stock performance.
Conclusion and Investor Information
Alm. Brand A/S remains dedicated to executing its buy-back program efficiently and transparently, thereby creating positive outcomes for its investors. Shareholders and interested parties are encouraged to stay informed about future developments pertaining to this program.
For inquiries, please reach out to:
Investors and equity analysts can contact the Head of IR, Rating, and ESG reporting, Mads Thinggaard, available at +45 2025 5469.
Frequently Asked Questions
What is the purpose of Alm. Brand A/S's share buy-back program?
The program aims to enhance shareholder value by repurchasing shares using company funds.
How much did Alm. Brand A/S spend on share buy-backs during the week?
The company spent a total of DKK 14,732,500 on share buy-backs during that week.
What was the average purchase price of shares during the recent buy-back?
The average purchase price for shares bought back in the last week was DKK 16.74.
How many shares has Alm. Brand A/S repurchased in total?
As of the latest report, Alm. Brand A/S has repurchased a total of 3,530,000 shares under this buy-back program.
Who can I contact for more information on this buy-back program?
You can contact Mads Thinggaard, the Head of IR, at +45 2025 5469 for any inquiries.
