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Alm. Brand A/S Updates on Recent Share Buyback Activities

Alm. Brand A/S Updates on Recent Share Buyback Activities

Overview of Alm. Brand A/S Share Buy-Back Program

Alm. Brand A/S is actively pursuing a share buy-back program to enhance shareholder value. Recently, the company set a buy-back budget of DKK 150 million, showing a strong commitment to building investor trust and improving share performance.

Recent Transactions from September 16 to September 20

During this week, the company's significant transactions highlighted its strategic focus. These activities adhered to established regulations designed to promote transparency and fairness in the market.

Transaction Summary

In week 38, notable transactions took place, with a total of 840,211 shares purchased, reflecting a continued effort in the company's buy-back program.

Breakdown of Transactions

  • Accumulated Shares from Previous Announcements: 3,056,988
  • Average Purchase Price: 12.16 DKK
  • Total Amount Spent: 37,161,099 DKK
  • Shares Acquired on September 16: 43,333 at 12.57 DKK each
  • Shares Acquired on September 17: 186,575 at 12.59 DKK each
  • Shares Acquired on September 18: 20,427 at 12.59 DKK each
  • Shares Acquired on September 19: 250,000 at 12.66 DKK each
  • Shares Acquired on September 20: 339,876 at 12.61 DKK each

Impact of Total Share Buy-Back

The ongoing share buy-back program has resulted in Alm. Brand A/S holding a total of 28,625,143 of its own shares, which is about 1.86% of the total outstanding shares. This strategic move reflects a strong commitment to enhancing investor relationships and solidifying the company’s position in the market.

Contact Information for Questions

If you have any inquiries regarding this share buy-back announcement, please reach out to:

Mads Thinggaard

Head of IR, Rating, and ESG Reporting

Mobile: +45 2025 5469

Frequently Asked Questions

What is the purpose of Alm. Brand A/S's share buy-back program?

The buy-back program is intended to return value to shareholders and boost stock performance.

How many shares were bought back during week 38?

A total of 840,211 shares were repurchased in that week.

What regulations govern this buy-back program?

This program follows Regulation No 596/2014 of the European Parliament and Council and includes the Safe Harbour Regulations.

What is the overall impact of the buy-back program?

Alm. Brand A/S now manages 28,625,143 of its own shares, demonstrating its dedication to enhancing shareholder value.

Who should I contact for more information regarding the buy-back program?

For further inquiries, get in touch with Mads Thinggaard, Head of IR, at +45 2025 5469.

About The Author

About Investors Hangout

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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